Tzvi Wertenteil Leases Retail Space To Mondo Sushi At 325 East 21st Street
325 East 21st Street
$76
$76/SF
Building Size
500 SF
Asset Type
Retail
Closing
Sep 3, 2025
About this deal
AI
The property is a retail asset located at 325 East 21st Street, situated in the Gramercy Park market. The modified gross lease is for a space of 500 square feet, with an asking rent of $76 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $38,000
- Address: 325 East 21st Street
- Market: Gramercy Park
- Lease Type: Modified Gross Lease
- Landlord: Tzvi Wertenteil
- Tenant: Mondo Sushi
- Landlord's Representative: James Famularo & Cole Kleppinger - Meridian Capital Group
James Famularo and Cole Kleppinger represent the landlord, Tzvi Wertenteil, in this lease transaction for the retail space. The tenant involved is Mondo Sushi, which will occupy the property under the specified lease arrangements.
On the Map
$76
$76/SF
Retail
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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
208723.68%
Cash-on-Cash
-59653.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93