Guac Time Leases Retail Space At 3500 Broadway In Hamilton Heights For 10 Years
3500 Broadway
$112
$112/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Nov 2, 2025
AI
The retail asset located at 3500 Broadway in the Hamilton Heights market spans 1,500 square feet. The landlord, Silver Star Properties, engaged in a lease agreement with Guac Time at an asking rent of $112 per square foot for a duration of 10 years under a modified gross lease arrangement.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $168,000
- Address: 3500 Broadway
- Market: Hamilton Heights
- Landlord: Silver Star Properties
- Tenant: Guac Time
- Asking Rent: $112/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Broker Representatives: Ravi Idnani, Aric Trakhtenberg & Andrew Stern - Newmark
Ravi Idnani, Aric Trakhtenberg, and Andrew Stern from Newmark represent both the landlord and the tenant in this transaction, facilitating the lease agreement in the Hamilton Heights market.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
141633.93%
Cash-on-Cash
-40479.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93