Wei Li Leases Retail Space To Meow Meow Nail At 333 1st Avenue For $100/ft
333 1st Avenue
$100
$100/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jan 31, 2026
AI
The property asset involved in this lease transaction is located at 333 1st Avenue in the Gramercy Park market. This retail space has a total square footage of 2,000 and is subject to a single net lease with an asking rent of $100 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200,000
- Address: 333 1st Avenue
- Market: Gramercy Park
- Landlord: Wei Li
- Tenant: Meow Meow Nail
- Landlord's Representative: Noam Aziz & Max Freudenberger - Meridian Capital Group
- Tenant's Representative: Will Sine - Meridian Retail Leasing
- Lease Type: Single Net Lease
The key individuals in this transaction include Wei Li, the landlord of the property, and Meow Meow Nail, the tenant occupying the retail space. The landlord's interests in the deal were represented by Noam Aziz and Max Freudenberger from Meridian Capital Group, while Will Sine from Meridian Retail Leasing represented the tenant.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93