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64 Avenue A

Derby Copeland Leases Retail Space To Buddha Matcha At 64 Avenue A In East Village
LEASEDRetail

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

Morris Tobias

Monday Morning MGMT

Broker

21 deals

Broker

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