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762 8th Avenue

Lloyd Goldman Of BLDG Management Leases 24,000-SF Retail Space In Times Square To Peter Kiernan
LEASEDRetail

Lloyd Goldman Of BLDG Management Leases 24,000-SF Retail Space In Times Square To Peter Kiernan

762 8th Avenue & 766 8th Avenue

Building Size

48,000 SF

Asset Type

Retail

Closing

Jan 20, 2026

AI

The property involved in this transaction is a retail asset located at 762-766 8th Avenue in Times Square, comprising a total area of 24,000 square feet. The lease pertains to a long-term agreement between the landlord and the tenant, with no specified transaction amount in the provided context.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Landlord: Lloyd Goldman - BLDG Management
  • Tenant: Peter Kiernan - Free Association Live

The deal marks the introduction of Magic Mike Live to a newly established theater space, which is part of a significant long-term lease agreement made between BLDG Management and Free Association Live for the retail space mentioned.

Players

Lloyd Goldman

Landlord

$675.9M

vol

13 deals

Landlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93