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325 Kent Avenue

Omakase Shota Signs Lease For Retail Space At 325 Kent Avenue In New York City
LEASEDRetail

Omakase Shota Signs Lease For Retail Space At 325 Kent Avenue In New York City

325 Kent Avenue

$75

Building Size

Asset Type

Retail

Closing

Feb 1, 2023

AI

The retail property at 325 Kent Avenue in New York City has been leased. The tenant, Omakase Shota, has secured a lease agreement with the landlord, Two Trees Management. The leasing deal was facilitated by the brokers Julia Zoraian, Brendan Thrapp, and Nate Mallon from Verada. The property offers 1,700 square feet of space.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Address: 325 Kent Avenue, New York City
  • Market: New York City

Notable individuals involved in the deal include Julia Zoraian, Brendan Thrapp, and Nate Mallon from Verada, who represented the tenant and facilitated the leasing transaction.

Players

Nathaniel Mallon

Verada

Broker

$9.8M

vol

24 deals

Broker
Two Trees Management
Two Trees ManagementBrokerage
Two Trees Management
Two Trees ManagementLandlord

Market 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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93