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339 Broadway

Edison Properties Leases Retail Space To 339 Broadway Market At 339 Broadway In Tribeca
LEASEDRetail

Edison Properties Leases Retail Space To 339 Broadway Market At 339 Broadway In Tribeca

339 Broadway

$100

$100/SF

Building Size

4,161 SF

Asset Type

Retail

Closing

Mar 19, 2026

AI

The retail property located at 339 Broadway in the Tribeca market has a lease type classified as a Single Net Lease. This lease involves a space measuring 4,161 square feet with an asking rent of $100 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $100/ft
  • Square Footage: 4,161
  • Address: 339 Broadway
  • Market: Tribeca
  • Landlord: Edison Properties
  • Tenant: 339 Broadway Market
  • Landlord's Representative: James Famularo & Kyle Fink - Meridian Capital Group
  • Tenant's Representative: Zev Sonkin & Brad Schwarz - Lee & Associates

This transaction showcases the involvement of key representatives in the leasing agreement, specifically James Famularo and Kyle Fink from Meridian Capital Group representing the landlord, while Zev Sonkin and Brad Schwarz from Lee & Associates are representing the tenant in this deal.

Players

Brad Schwarz

Lee & Associates

Broker

$18.2M

vol

8 deals

Broker
EP
Edison PropertiesLandlord

Astoria 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