Mark Guindi Leases 2,100 SF Retail Space To Mimi's At 84 University Place
84 University Place
$200
$200/SF
Building Size
2,100 SF
Asset Type
Retail
Closing
May 22, 2025
AI
The property asset is located at 84 University Place in the Greenwich Village market, comprising 2,100 square feet and categorized as a retail space. The lease type is a retail lease with an asking rent of $200 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 2,100
- Address: 84 University Place
- Market: Greenwich Village
- Landlord: Mark Guindi
- Tenant: Mimi's
- Brokers: Jack Khaski, Albert Manopla & Hunter Lazan - KSR
The deal involved landlord Mark Guindi leasing the retail space to tenant Mimi's. Brokers Jack Khaski, Albert Manopla, and Hunter Lazan from KSR represented the parties in this transaction, facilitating the lease arrangement between the landlord and tenant.
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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93