Charles Fitzgerald Leases Retail Space At 9 Saint Marks Place To Chief Beef Noodles For $200/ft
9 Saint Marks Place
$200
$200/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Sep 24, 2026
About this deal
AI
The retail property located at 9 Saint Marks Place in the East Village, Manhattan, consists of 2,000 square feet and has an asking rent of $200 per square foot. This transaction involves a single net lease agreement, highlighting the terms of occupancy for the tenant.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $400,000
- Lease Type: Single Net Lease
- Landlord: Charles Fitzgerald
- Tenant: Chief Beef Noodles
- Landlord's Representative: Jacob Mayer, James Famularo & Craig Adamson - Meridian Capital Group
- Tenant's Representative: Yu Yong
- Date of Transaction: 09/24/2026
This transaction showcases the roles of key individuals involved, with Jacob Mayer, James Famularo, and Craig Adamson representing the landlord through Meridian Capital Group. The tenant, Chief Beef Noodles, is represented by Yu Yong, facilitating the lease agreement for this retail space.
On the Map
$200
$200/SF
Retail
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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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93