Doug Nuygeni Leases Retail Space At 30 Garth Road Scarsdale With Landlord John Curreri
30 Garth Road
$7,000
$7,000/SF
Building Size
1,300 SF
Asset Type
Retail
Closing
Sep 27, 2025
AI
The leased property is located at 30 Garth Road in Scarsdale, with a total square footage of 1,300. The asking rent for the space is set at $65 per square foot. This property falls under the category of retail assets and is subject to a modified gross lease with a term exceeding 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $84,500 (calculated as asking rent multiplied by square footage)
- Landlord: John Curreri
- Tenant: Doug Nuygeni
- Broker: Lena Rivera
- Lease Term: 10 plus years
- Lease Type: Modified Gross Lease
- Date of Transaction: 9/27/2025
Lena Rivera represents the landlord in this transaction and has notable experience with over $100 million in building sales in the last three years, along with a substantial number of residential leases and retail/office leases. As a broker, she offers access to off-market acquisitions and has a decade of property management experience across various locations, including NYC, Bronx, Westchester, and Fairfield County.
Players
Scarsdale 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
2266.14%
Cash-on-Cash
-647.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93