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684 Sixth Avenue

Maya Spa Leases Retail Space At 684 Sixth Avenue Brooklyn For $102 Per Square Foot
LEASEDRetail

Maya Spa Leases Retail Space At 684 Sixth Avenue Brooklyn For $102 Per Square Foot

684 Sixth Avenue

$102

$102/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jun 1, 2026

AI

The asset involved in the transaction is a retail space located at 684 Sixth Avenue in Brooklyn. The space encompasses 1,000 square feet and has an asking rent of $102 per foot. It is structured under a single net lease arrangement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $102/ft
  • Square Footage: 1,000
  • Address: 684 Sixth Avenue
  • Market: Brooklyn
  • Landlord: Arya Management
  • Tenant: Maya Spa
  • Landlord's Representative: James Famularo, Jacob Mayer & Craig Adamson - Meridian Capital Group
  • Tenant's Representative: Yu Yong - Eastriver Realty Brokerage
  • Lease Type: Single Net Lease

This transaction was facilitated by the collaborative efforts of the landlord's representatives, James Famularo, Jacob Mayer, and Craig Adamson from Meridian Capital Group, along with the tenant's representative, Yu Yong from Eastriver Realty Brokerage. Their roles were vital in coordinating the lease agreement between Arya Management and Maya Spa.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

367 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

155519.61%

Cash-on-Cash

-44447.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93