Paul Ham Landlord Leases Retail Space To Moon Coffee Lab At 45 East 1st Street
45 East 1st Street
$150
$150/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Oct 31, 2025
AI
The property asset involved in this transaction is a retail lease located at 45 East 1st Street in the East Village. The asking rent for the space is set at $150 per square foot, encompassing a total area of 1,000 square feet.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $150/ft
- Address: 45 East 1st Street
- Market: East Village
- Landlord: Paul Ham
- Tenant: Moon Coffee Lab
- Landlord's Representative: Josh Augenbaum - Augenbaum Realty
- Tenant's Representatives: Tyler Zar & Moshe Schultz - Titan Group New York
- Lease Type: Retail Lease
The deal involved key representatives, with Josh Augenbaum representing the landlord, Paul Ham, while Tyler Zar and Moshe Schultz represented the tenant, Moon Coffee Lab. Tyler Zar expressed appreciation for the collaboration with Josh and his team, indicating a positive working relationship for future transactions.
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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93