Abraham Sanieoff Leases Retail Space At 37 7th Avenue To Matsu Sushi In Greenwich Village
37 7th Avenue
$300
$300/SF
Building Size
300 SF
Asset Type
Retail
Closing
Jan 18, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 37 7th Avenue in the Greenwich Village area. The asking rent for this modified gross lease is set at $300 per square foot for a total square footage of 300. The landlord of this property is Abraham Sanieoff.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Asking Rent of $300/ft
- Square Footage: 300
- Lease Type: Modified Gross Lease
- Landlord: Abraham Sanieoff
- Tenant: Matsu Sushi
The deal was brokered by Greg Goldberg, Ben Biberaj, and Desi Avidane from Meridian Capital Group, representing the landlord in the lease agreement.
On the Map
$300
$300/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
52876.67%
Cash-on-Cash
-15112.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93