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525 Seventh Avenue

Viva La Dough Leases Retail Space At 525 Seventh Avenue In Times Square From Olmstead Properties
LEASEDRetail

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

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.

Players

Nathan Aballi

Kassin Sabbagh Realty

Broker

$8.3M

vol

50 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

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93