Pizza Napoli Signs Retail Lease At 383 Fifth Avenue New York For $168 Per Ft
383 Fifth Avenue
$168
$168/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Aug 4, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 383 Fifth Avenue in New York. The asking rent for the space is $168 per square foot, with a total size of 2,500 square feet. Elijan Properties is the landlord for this retail lease transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $168/ft
- Square Footage: 2,500
- Address: 383 Fifth Avenue
- Market: New York
- Landlord: Elijan Properties
- Tenant: Pizza Napoli
- Lease Type: Retail Lease
- Brokers: Noam Aziz, Carson Shahrabani & Daniel Zacaim - Meridian Capital Group
The individuals involved in the deal include Noam Aziz, Carson Shahrabani, and Daniel Zacaim, who represented the transaction through Meridian Capital Group. Their expertise contributed to facilitating the lease agreement between Elijan Properties and Pizza Napoli.
On the Map
$168
$168/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
94422.62%
Cash-on-Cash
-26986.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93