Derby Copeland Leases Retail Space To Buddha Matcha At 64 Avenue A In East Village
64 Avenue A
$170
$170/SF
Building Size
368 SF
Asset Type
Retail
Closing
Nov 19, 2025
AI
The transaction involves a retail asset located at 64 Avenue A in the East Village, Manhattan. The property has an asking rent of $170 per square foot and a total size of 368 square feet. The lease type in this transaction is a Modified Gross Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $170/ft
- Size: 368 SF
- Address: 64 Avenue A
- Market: East Village, Manhattan
- Landlord: Derby Copeland
- Tenant: Buddha Matcha
- Broker: Morris Tobias - Monday Morning MGMT
The parties involved in the transaction include Derby Copeland as the landlord, and Buddha Matcha as the tenant. Morris Tobias from Monday Morning MGMT represents Derby Copeland in this leasing deal, which emphasizes the firm's expertise in commercial real estate throughout Manhattan and Brooklyn, focusing on structuring beneficial agreements for landlords and tenants.
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
93311.76%
Cash-on-Cash
-26668.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93