facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

37 7th Avenue

Walkers Espresso Leases Retail Space In West Village Manhattan For $280/SF
LEASEDRetail

Walkers Espresso Leases Retail Space In West Village Manhattan For $280/SF

37 7th Avenue

$280

$280/SF

Building Size

300 SF

Asset Type

Retail

Closing

Mar 25, 2024

AI

The retail property located at 37 7th Avenue - Space C in the West Village, Manhattan, was leased out on 03/25/2024. The asset, a total of 300 square feet, was leased by Walkers Espresso from the landlord Abe Sanieoff. The deal was facilitated by brokers Greg Goldberg and Chris Medeiros from Meridian Capital Group. The agreed upon asking rent for the space was $280 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Market: West Village, Manhattan

Greg Goldberg and Chris Medeiros from Meridian Capital Group were the brokers representing the deal. Walkers Espresso successfully leased the retail space from landlord Abe Sanieoff, at an asking rent of $280 per square foot. The property is situated in the vibrant West Village market of Manhattan.

Players

Greg Goldberg

Meridian Capital Group

Broker

$4.3M

vol

72 deals

Broker

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

56653.57%

Cash-on-Cash

-16191.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93