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824 10th Avenue

Paint 'N Pour Leases Retail Space At 824 10th Avenue Manhattan With Landlord Kate Eustace
LEASEDRetail

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

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

362 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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