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
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