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445 East 78th Street

Gil Boosidan Leases Retail Space At 445 East 78th Street To Sushi Genkai For $100/ft
LEASEDRetail

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

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.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

365 deals

Broker

Gil Boosidan

Landlord

$30.1M

vol

6 deals

Landlord

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