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
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
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