Cotti Coffee Leases Retail Space From Meir Milgraum Of The Lightstone Group In Times Square
485 Seventh Avenue
$432
$432/SF
Building Size
500 SF
Asset Type
Retail
Closing
Feb 10, 2026
AI
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.
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
36719.91%
Cash-on-Cash
-10494.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93