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62 East 13th Street

Premier Equities Leases Retail Space To Contor Studios At 62 East 13th Street For $120/ft
LEASEDRetail

Premier Equities Leases Retail Space To Contor Studios At 62 East 13th Street For $120/ft

62 East 13th Street

$120

$120/SF

Building Size

3,500 SF

Asset Type

Retail

Closing

Apr 30, 2026

AI

The property asset involved in this lease transaction is a retail space located at 62 East 13th Street in Manhattan. The property features a lease type of Single Net Lease with an asking rent of $120 per square foot for a total area of 3,500 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $420,000
  • Landlord: Premier Equities
  • Tenant: Contor Studios
  • Landlord's Representative: Ely Akiva & Avi Akiva - Momentum Realty Group
  • Tenant's Representative: Kayla Terzi & Danny Volk - Vantage Real Estate Advisors

The individuals driving this deal include Ely Akiva and Avi Akiva, who represent the landlord from Momentum Realty Group, along with Kayla Terzi and Danny Volk from Vantage Real Estate Advisors, representing the tenant. Their involvement highlights the collaborative effort required to secure this lease agreement.

Players

Danny Volk

Vantage Real Estate Advisors

Broker

$9.2M

vol

14 deals

Broker
Premier Equities
Premier EquitiesLandlord

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

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93