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37 7th Avenue

Abraham Sanieoff Leases Retail Space At 37 7th Avenue To Matsu Sushi In Greenwich Village
LEASEDRetail

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

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.

Players

Greg Goldberg

Meridian Capital Group

Broker

$4.3M

vol

71 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

52876.67%

Cash-on-Cash

-15112.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93