Sutton Garrett Realty Associates Leases 1,000 SF Retail Space To Hans Kabob In Midtown
526 Seventh Avenue
$300
$300/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jul 14, 2026
About this deal
AI
The asset involved in this lease transaction is a retail space located at 526 Seventh Avenue in the Midtown market. The asking rent for this space is $300 per square foot, with a total area of 1,000 square feet. The lease type is a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $300/ft
- Square Footage: 1,000
- Address: 526 Seventh Avenue
- Market: Midtown
- Landlord: Sutton Garrett Realty Associates
- Tenant: Hans Kabob
- Brokers: Joey Levy, Jack Hamadani & Freddy Souid - KSR
The key individuals involved in this deal include Joey Levy, Jack Hamadani, and Freddy Souid, who represent the leasing party through their agency, KSR. Sutton Garrett Realty Associates serves as the landlord for the property while Hans Kabob has entered into the lease agreement as the tenant.
On the Map
$300
$300/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
52876.67%
Cash-on-Cash
-15112.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93