facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

304 5th Avenue

Jack Imir Jaan Leases Retail Space To ZZH HIHI Studio At 304 5th Avenue In Midtown South
LEASEDRetail

Jack Imir Jaan Leases Retail Space To ZZH HIHI Studio At 304 5th Avenue In Midtown South

304 5th Avenue

$60

$60/SF

Building Size

3,100 SF

Asset Type

Retail

Closing

Oct 2, 2025

AI

The retail asset located at 304 5th Avenue in Midtown South, Manhattan features a total square footage of 3,100. The landlord of the property is Jack Imir Jaan, while the tenant is ZZH HIHI Studio. The lease type for this transaction is classified as a retail lease with an asking rent of $60 per foot.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $60/ft
  • Square Footage: 3,100
  • Address: 304 5th Avenue
  • Market: Midtown South, Manhattan
  • Landlord: Jack Imir Jaan
  • Tenant: ZZH HIHI Studio
  • Brokers: Noam Aziz, Carson Shahrabani, & Nathan Shabot - Meridian Capital Group

The deal involved key brokers representing the transaction: Noam Aziz, Carson Shahrabani, and Nathan Shabot, all from Meridian Capital Group. These individuals played a crucial role in facilitating the leasing agreement between the landlord and tenant.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93