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3500 Broadway

Guac Time Leases Retail Space At 3500 Broadway In Hamilton Heights For 10 Years
LEASEDRetail

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

Aric Trakhtenberg

Newmark

Broker

$8.3M

vol

50 deals

Broker

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

141633.93%

Cash-on-Cash

-40479.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93