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
24,000 SF
Asset Type
Retail
Closing
Jan 20, 2026
About this deal
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.
On the Map
Retail
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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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93