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9 Eldridge Street

Treaty Holdings Leases Retail Space At 9 Eldridge Street In Chinatown For $88 Per Ft
LEASEDRetail

Treaty Holdings Leases Retail Space At 9 Eldridge Street In Chinatown For $88 Per Ft

9 Eldridge Street

$88

$88/SF

Building Size

1,100 SF

Asset Type

Retail

Closing

Apr 9, 2026

AI

The retail asset located at 9 Eldridge Street in the Chinatown market comprises 1,100 square feet. The asking rent for this property is set at $88 per square foot, and it operates under a Single Net Lease arrangement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $97,800
  • Address: 9 Eldridge Street
  • Market: Chinatown
  • Landlord: Maurice Sohayegh
  • Tenant: Treaty Holdings
  • Landlord's Representative: Noam Aziz, Joaquin Carrillo & Bradley Benilevi - Meridian Capital Group
  • Tenant's Representative: Daniel Rachline - Meridian Capital Group

This lease transaction involved key representatives from Meridian Capital Group handling both sides of the deal, with Noam Aziz, Joaquin Carrillo, and Bradley Benilevi representing the landlord, and Daniel Rachline representing the tenant.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker

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

180261.36%

Cash-on-Cash

-51519.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93