Paint 'N Pour Leases Retail Space At 824 10th Avenue Manhattan With Landlord Kate Eustace
824 10th Avenue
$67
$67/SF
Building Size
5,300 SF
Asset Type
Retail
Closing
Jun 23, 2025
AI
The property asset involved in this lease transaction is a retail space located at 824 10th Avenue in Manhattan. The asking rent for this space is $67 per square foot, with a total area of 5,300 square feet. The lease type for this transaction is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $67/ft
- Address: 824 10th Avenue
- Market: Manhattan
- Landlord: Kate Eustace
- Tenant: Paint 'N Pour
- Landlord's Representative: James Famularo & Jacob Mayer - Meridian Capital Group
- Tenant's Representative: Kyle Fink - Meridian Capital Group
This transaction features key individuals and their associated companies within the realm of real estate leasing. The landlord, represented by James Famularo and Jacob Mayer, is focused on leasing retail spaces. The tenant, Paint 'N Pour, has Kyle Fink representing them in this agreement, both being part of the Meridian Capital Group that facilitated the lease transaction.
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
236761.19%
Cash-on-Cash
-67667.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93