TACHI Leases Retail Space At 339 West 44th Street With Meridian Capital Group Representatives
339 West 44th Street
$144
$144/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jun 27, 2025
About this deal
AI
The property asset involved is a retail space located at 339 West 44th Street in the Hell's Kitchen market. The asking rent is set at $144 per square foot for a total area of 1,000 square feet. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $144/ft
- Address: 339 West 44th Street
- Market: Hell's Kitchen
- Lease Type: Modified Gross Lease
- Tenant: TACHI
- Landlord's Rep: Eli Marcus - Meridian Capital Group
- Tenant's Rep: Carson Shahrabani - Meridian Capital Group
- Broker: Noam Aziz - Meridian Capital Group
The transaction features key individuals from Meridian Capital Group, representing both landlord and tenant. Eli Marcus acts on behalf of the landlord, while Carson Shahrabani represents the tenant, TACHI. Noam Aziz is the broker involved in facilitating the lease agreement.
On the Map
$144
$144/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
110159.72%
Cash-on-Cash
-31483.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93