facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

282 3rd Avenue, New York Ci...

Updated Nov 29, 2024

Buana Mia Pizza Leases Retail Space At 282 Third Ave In New York City
LEASEDRetail

Buana Mia Pizza Leases Retail Space At 282 Third Ave In New York City

282 3rd Avenue, New York City, New York 10010, United States

Building Size

1,700 SF

Asset Type

Retail

Closing

Sep 5, 2022

About this deal

AI

The retail property located at 282 Third Ave. in New York, NY has been leased. The asset, spanning 1,700 square feet, was leased to Buana Mia Pizza. The lease transaction was facilitated by Peak Capital, the landlord of the property. Ben Biberaj from Meridian Retail Leasing represented Peak Capital as the landlord's representative. Shelton Franklin from Blair Partners acted as the tenant's representative in the deal. The lease was signed on 09/06/2022 for an asking rent of $140 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Tenant: Buana Mia Pizza
  • Landlord: Peak Capital
  • Landlord's Rep: Ben Biberaj - Meridian Retail Leasing
  • Tenant's Rep: Shelton Franklin - Blair Partners
  • Asking Rent: $140/ft. ~ SF: 1,700

Ben Biberaj from Meridian Retail Leasing played a crucial role as the landlord's representative in the lease transaction. Shelton Franklin, representing Blair Partners, advocated for the interests of Buana Mia Pizza in the deal.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

204 deals

Broker
Peak Capital Advisors
Peak Capital AdvisorsLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

Visit Ben Biberaj to view all their deals.

Browse New York retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets