Heavenly Market Leases Retail Space At 440 10th Avenue In New York City
440 10th Ave New York, NY 10001, USA
$308
$308/SF
Building Size
350 SF
Asset Type
Retail
Closing
Jun 6, 2023
AI
The retail property located at 440 10th Avenue in New York City has been leased. The property is owned by Madison Realty and the tenant is Heavenly Market. The lease was facilitated by David Yablon from Katz & Associates representing the landlord, and John Roesch from Meridian Capital Group representing the tenant. The property features a total square footage of 350 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Asking Rent: $308.57/ft
- Square Footage: 350 square feet
- Address: 440 10th Avenue, New York City
- Market: New York City
This lease transaction was successfully concluded between Madison Realty, the landlord, and Heavenly Market, the tenant. David Yablon from Katz & Associates represented Madison Realty, while John Roesch from Meridian Capital Group represented Heavenly Market. The exact terms and conditions of the lease agreement were not disclosed in the provided information.
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
51503.25%
Cash-on-Cash
-14719.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93