Corigin Real Estate Group Leases Retail Space To Enrico Proietti At 30 Carmine Street
30 Carmine Street
$211
$211/SF
Building Size
1,125 SF
Asset Type
Retail
Closing
May 28, 2025
AI
The retail asset located at 30 Carmine Street in the West Village, Manhattan, has been leased. The transaction involves a 1,125 square foot space at an asking rent of $211 per square foot. The lease term is set for 12 years under a modified gross lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $211/ft
- Square Footage: 1,125
- Address: 30 Carmine Street
- Market: West Village, Manhattan
- Landlord: Corigin Real Estate Group
- Tenant: Enrico Proietti
- Landlord's Rep: Alexander Karas & Hal Shapiro - RTL formerly Winick Realty Group
- Tenant's Rep: Nick Marshall - Heller Organization
- Lease Term: 12 Years
- Lease Type: Modified Gross Lease
Key individuals involved in this lease transaction include representatives from the landlord and tenant sides. For the landlord, Alexander Karas and Hal Shapiro represent Corigin Real Estate Group. Nick Marshall represents the tenant, Enrico Proietti, from the Heller Organization.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
75180.09%
Cash-on-Cash
-21486.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93