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
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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93