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434 Amsterdam Avenue

Janie Bakes Leases Retail Space At 434 Amsterdam Avenue With Tenant's Rep Ravi Idnani
LEASEDRetail

Janie Bakes Leases Retail Space At 434 Amsterdam Avenue With Tenant's Rep Ravi Idnani

434 Amsterdam Avenue

$200

$200/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Nov 14, 2025

AI

The property is a retail space located at 434 Amsterdam Avenue in the Upper West Side market. The asking rent for the property is set at $200 per square foot for a total area of 1,500 square feet. The lease term is for 10 years, and it falls under a modified gross lease type.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $200/ft
  • Address: 434 Amsterdam Avenue
  • Market: Upper West Side
  • Square Footage: 1,500
  • Lease Term: 10 years
  • Lease Type: Modified Gross Lease
  • Tenant: Janie Bakes
  • Landlord's Representative: Gary Dana - Douglas Elliman
  • Tenant's Representative: Ravi Idnani - Newmark

The deal involves Janie Bakes as the tenant, with Gary Dana from Douglas Elliman representing the landlord and Ravi Idnani from Newmark representing the tenant. Each representative played a crucial role in facilitating the lease agreement for the retail space.

Players

Ravi Idnani

Newmark

Broker

$3M

vol

68 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Newmark
NewmarkBrokerage

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

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93