Meridian Capital Group Represents Bagel RX In West Village Retail Lease
37 7th Avenue, New York City, New York 10011, United States
$138
$138/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jan 23, 2023
About this deal
AI
Bagel RX has signed a lease for a retail space in the West Village of New York City. The space, located at 37 7th Ave - Space A, offers 1,000 square feet of prime retail space. The lease agreement was facilitated by broker Greg Goldberg from Meridian Capital Group.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 01/23/2023
- Address: 37 7th Ave - Space A
- Market: West Village
Bagel RX will be leasing the space from landlord Abe Sanieoff. The asking rent for the retail space is $138 per square foot. With a total area of 1,000 square feet, the lease agreement is expected to provide a significant opportunity for Bagel RX to expand its business in the West Village area.
On the Map
$138
$138/SF
Retail
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
114949.28%
Cash-on-Cash
-32852.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93