Gil Boosidan Leases Retail Space At 445 East 78th Street To Sushi Genkai For $100/ft
445 East 78th Street
$100
$100/SF
Building Size
600 SF
Asset Type
Retail
Closing
May 18, 2026
About this deal
AI
The retail property located at 445 East 78th Street in the Lenox Hill market has been leased, featuring a square footage of 600. The asking rent for this property was set at $100 per foot. This transaction involves a Single Net Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $100/ft
- Square Footage: 600
- Address: 445 East 78th Street
- Market: Lenox Hill
- Landlord: Gil Boosidan
- Tenant: Sushi Genkai
- Brokers: James Famularo & Jordan Langer - Meridian Capital Group
The transaction features key individuals including Gil Boosidan representing the landlord and Sushi Genkai as the tenant secured through the efforts of brokers James Famularo and Jordan Langer from Meridian Capital Group, who facilitated this lease agreement in a competitive market.
On the Map
$100
$100/SF
Retail
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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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93