Edmond Nassim & Tracey Tucci Lease Retail Space To Flynnstone At 883 8th Avenue
883 8th Avenue
$333
$333/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Feb 10, 2026
AI
The property asset involved in this lease is a retail space located at 883 8th Avenue in the Hell's Kitchen market. The lease has an asking rent of $333 per square foot for a total area of 1,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $333/ft
- Lease Type: Retail Lease
- Landlord: Edmond Nassim & Tracey Tucci - Crescent Properties
- Tenant: Flynnstone
- Landlord's Representative: Jack Khaski, Albert Manopla & Hunter Lazan - KSR
- Tenant's Representative: Malik Wells - KSR
This deal involves key individuals including Edmond Nassim and Tracey Tucci as the landlords, represented by Jack Khaski, Albert Manopla, and Hunter Lazan from KSR. Flynnstone is the tenant in this transaction, with representation provided by Malik Wells, also from KSR.
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
47636.64%
Cash-on-Cash
-13614.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93