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877 8th Avenue

Noah's Bagels Leases Retail Space At 877 8th Avenue Through KSR Brokers In Hell's Kitchen
LEASEDRetail

Noah's Bagels Leases Retail Space At 877 8th Avenue Through KSR Brokers In Hell's Kitchen

877 8th Avenue

$235

$235/SF

Building Size

2,200 SF

Asset Type

Retail

Closing

Aug 19, 2025

AI

This retail lease transaction involves a 2,200 square foot asset located at 877 8th Avenue in the Hell's Kitchen market. The asking rent for the property is $235 per square foot.

Summary of transation details:

  • Property Type: Retail Lease
  • Transaction Amount: $235/ft
  • Address: 877 8th Avenue
  • Market: Hell's Kitchen
  • Landlord: Edmond Nassim & Tracey Tucci - Crescent Properties
  • Tenant: Noah’s Bagels
  • Brokers: Jack Khaski, Albert Manopla & Hunter Lazan - KSR

The deal was facilitated by brokers Jack Khaski, Albert Manopla, and Hunter Lazan representing the landlord and the tenant in the lease agreement. The transaction highlights the collaboration among these professionals in securing the lease for Noah’s Bagels.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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

67502.13%

Cash-on-Cash

-19292.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93