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45 East 1st Street

Paul Ham Landlord Leases Retail Space To Moon Coffee Lab At 45 East 1st Street
LEASEDRetail

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

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 deals

Broker

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