Viva La Dough Leases Retail Space At 525 Seventh Avenue In Times Square From Olmstead Properties
525 Seventh Avenue
$250
$250/SF
Building Size
1,300 SF
Asset Type
Retail
Closing
Jan 27, 2026
About this deal
AI
The asset involved in this transaction is a retail space located at 525 Seventh Avenue in the Times Square market. The property encompasses a total square footage of 1,800 and was leased at an asking rent of $250 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $250/ft
- Square Footage: 1,800
- Address: 525 Seventh Avenue
- Market: Times Square
- Landlord: Olmstead Properties
- Tenant: Viva La Dough
- Lease Type: Retail Lease
- Brokers: Nathan Aballi & Sophia Gaines - KSR
Nathan Aballi and Sophia Gaines from KSR represented the lease agreement between Olmstead Properties as the landlord and Viva La Dough as the tenant. This transaction highlights the involvement of these brokers in facilitating the lease in the competitive Times Square market.
On the Map
$250
$250/SF
Retail
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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
63452.00%
Cash-on-Cash
-18134.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93