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495 Ninth Avenue

Joel Wiener Leases Retail Space To Saddam's Snacks At 495 Ninth Avenue In Midtown West
LEASEDRetail

Joel Wiener Leases Retail Space To Saddam's Snacks At 495 Ninth Avenue In Midtown West

495 Ninth Avenue

$100

$100/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jul 30, 2026

AI

The retail property located at 495 Ninth Avenue in the Midtown West market spans 1,000 square feet. The landlord, Joel Wiener, has entered into a lease agreement with the tenant, Saddam's Snacks. The asking rent for this property is set at $100 per square foot, under a modified gross lease term of 5 years.

Summary of transaction details:

Ben Biberaj and Russell Kolen represent IPRG Retail Leasing while Desi Avidane represents Investment Property Realty Group in this transaction, facilitating the lease agreement between the landlord and tenant.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

202 deals

Broker

Joel Wiener

Landlord

$614.1M

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