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84 University Place

Mark Guindi Leases 2,100 SF Retail Space To Mimi's At 84 University Place
LEASEDRetail

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

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Mark Guindi

Mark Guindi

Landlord

$39.9M

vol

14 deals

Landlord

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