Cotti Coffee Leases Retail Space From Meir Milgraum Of The Lightstone Group In Times Square
LEASED
New York
See Similar DealsRetail500 SF
Leased 02/10/2026
LEASED
Cotti Coffee Leases Retail Space From Meir Milgraum Of The Lightstone Group In Times Square
485 Seventh Avenue
See Similar DealsRetail500 SF
Leased 02/10/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$432
Total Square Footage:500 SF
Transaction Type:Lease
The retail asset located at 485 Seventh Avenue in the Times Square market has an asking rent of $432 per square foot and encompasses a total area of 500 square feet. The lease transaction involves Cotti Coffee as the tenant and is under a retail lease type.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $432/ft
- Address: 485 Seventh Avenue
- Market: Times Square
- Landlord: Meir Milgraum - The Lightstone Group
- Tenant: Cotti Coffee
- Brokers: Albert Salameh & David Green - KSR
- Lease Type: Retail Lease
Albert Salameh and David Green represented the tenant, Cotti Coffee, in this lease transaction, facilitating the agreement between the tenant and landlord, Meir Milgraum of The Lightstone Group.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$247,619.79
Total Lease Value
$2,476,197.93
Net Landlord Cash Flow$247,619.79
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