Viking Management Leases Retail Space At 61 West 74th Street To Danny Abrams Of The Mermaid Inn
61 West 74th Street
$185
$185/SF
Building Size
2,300 SF
Asset Type
Retail
Closing
Aug 4, 2026
About this deal
AI
The retail property located at 61 West 74th Street in the New York market has a total square footage of 2,300. The asking rent for this property is set at $185 per square foot. The lease type associated with this transaction is a Retail Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $185/ft
- Address: 61 West 74th Street
- Market: New York
- Landlord: Viking Management
- Tenant: Danny Abrams - The Mermaid Inn
- Tenant's Representative: Noam Aziz & Carson Shahrabani - Meridian Capital Group
- Square Footage: 2,300
- Lease Type: Retail Lease
In this transaction, Viking Management serves as the landlord while the tenant, Danny Abrams representing The Mermaid Inn, has engaged Noam Aziz and Carson Shahrabani from Meridian Capital Group as their representatives for the deal.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Noam Aziz to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
85745.95%
Cash-on-Cash
-24506.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93