facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

547 Malcolm X Boulevard

Jay Newhouse Leases Retail Space To Volta Discount At 547 Malcolm X Boulevard For $110/ft
LEASEDRetail

Jay Newhouse Leases Retail Space To Volta Discount At 547 Malcolm X Boulevard For $110/ft

547 Malcolm X Boulevard

$110

$110/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Jul 6, 2026

AI

The property asset involved in this transaction is a retail space located at 547 Malcolm X Boulevard in New York, featuring a lease type classified as a Single Net Lease. The asking rent for the property is $110 per square foot with a total area of 1,500 square feet.

Summary of transation details:

The key individuals involved in this transaction include Jay Newhouse as the landlord and Volta Discount as the tenant. The landlord's representatives handling the transaction are Noam Aziz from Meridian Capital Group along with Jason Berisha and Will Sine, both from Meridian Retail Leasing, ensuring the proper management and facilitation of the lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

254 deals

Broker

Jay Newhouse

Landlord

2 deals

Landlord
VD
Volta DiscountTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

144209.09%

Cash-on-Cash

-41215.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93