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

/

42 Avenue B New York, NY 10...

Updated Oct 29, 2024

Greenline Smokeshop Inc Leases Retail Space At 42 Avenue B In East Village, Manhattan
LEASEDRetail

Greenline Smokeshop Inc Leases Retail Space At 42 Avenue B In East Village, Manhattan

42 Avenue B New York, NY 10009, USA

$115

$115/SF

Building Size

750 SF

Asset Type

Retail

Closing

Aug 31, 2023

About this deal

AI

The retail property located at 42 Avenue B in East Village, Manhattan, has recently been leased. The property, with a square footage of 750, was leased by Greenline Smokeshop Inc. The landlord for this transaction is Centennial Properties. The deal was facilitated by Elliot Wygoda and Ben Biberaj of Meridian Capital Group.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Asking Rent: $115 per square foot
  • Market: East Village, Manhattan
  • Landlord: Centennial Properties
  • Tenant: Greenline Smokeshop Inc
  • Brokers: Elliot Wygoda & Ben Biberaj - Meridian Capital Group
  • Square Footage: 750
  • Address: 42 Avenue B

Elliot Wygoda and Ben Biberaj, representing Meridian Capital Group, played a crucial role in this lease transaction. They successfully facilitated the agreement between the landlord, Centennial Properties, and the tenant, Greenline Smokeshop Inc. The lease was secured at an asking rent of $115 per square foot for a retail space spanning 750 square feet.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

204 deals

Broker
Centennial Properties
Centennial PropertiesLandlord

Market Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

About $115 per square foot on a published $115 for 750 square feet (2023).

Visit Elliot Wygoda to view all their deals.

Browse New York retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

137939.13%

Cash-on-Cash

-39423.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets