SL Green Leases 28000 Square Feet To Serafina Restaurant Group At 800 7th Avenue
800 7th Avenue
Building Size
28,000 SF
Asset Type
Retail
Closing
Mar 29, 2026
AI
The property asset involved in this transaction is a 28,000-square-foot retail space located at 800 7th Avenue in Midtown Manhattan. The building was previously occupied by Rosie O’Grady’s and has been leased as a new American brasserie concept by the Serafina Restaurant Group.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 800 7th Avenue
- Market: Midtown Manhattan
- Landlord: Marc Holliday - SL Green
- Tenant: Fabio Granato & Vittorio Assaf - Serafina Restaurant Group
The deal features Marc Holliday, who represents SL Green, leasing the property to Fabio Granato and Vittorio Assaf, who are affiliated with Serafina Restaurant Group. Their involvement signifies a shift in the use of the building from the previous establishment to a new dining concept.
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