Carson Aziz Coffee House Leases Retail Space At 335 East 27th Street For $140/SF
335 East 27th Street
$140
$140/SF
Building Size
587 SF
Asset Type
Retail
Closing
Apr 8, 2026
AI
The property involved in this transaction is a retail space located at 335 East 27th Street in the Kips Bay neighborhood of Manhattan. The lease type for this asset is a Single Net Lease, with a total square footage of 587 SF. The asking rent is set at $140 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $140/ft
- Landlord: Monadnock Development
- Tenant: Carson Aziz Coffee House
- Tenant's Representative: Noam Aziz & Carson Shahrabani - Meridian Capital Group
- Market: Kips Bay, Manhattan
The deal involves Noam Aziz and Carson Shahrabani, who represent the tenant, Carson Aziz Coffee House, through Meridian Capital Group, playing a pivotal role in facilitating the lease agreement with the landlord, Monadnock Development.
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
113307.14%
Cash-on-Cash
-32383.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93