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844 2nd Avenue

Freddy Srour Leases Retail Space At 844 2nd Avenue To Metro Taste Japanese Restaurant For $156/ft
LEASEDRetail

Freddy Srour Leases Retail Space At 844 2nd Avenue To Metro Taste Japanese Restaurant For $156/ft

844 2nd Avenue

$156

$156/SF

Building Size

500 SF

Asset Type

Retail

Closing

Jun 1, 2026

AI

The property asset involved in this transaction is a retail space located at 844 2nd Avenue in the Turtle Bay market. The leased space encompasses 500 square feet and has an asking rent of $156 per square foot. The lease type is classified as a Single Net Lease.

Summary of transaction details:

The key individuals involved in this transaction include landlord Freddy Srour and tenant Metro Taste Japanese Restaurant. The leasing process was facilitated by brokers Noam Aziz and Carson Shahrabani, representatives from Meridian Capital Group, who played a crucial role in the negotiation and finalization of the lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

246 deals

Broker

Freddy Srour

Landlord

1 deal

Landlord
MR
Metro Taste Japanese RestaurantTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

101685.90%

Cash-on-Cash

-29062.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93