L.A. Burdick Chocolates Signs 10-Year Lease At 933 Broadway From Thor Equities
933 Broadway
$300
$300/SF
Building Size
2,400 SF
Asset Type
Retail
Closing
Feb 12, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 933 Broadway in the Flatiron District. The lease agreement entails an asking rent of $300 per square foot and encompasses a total area of 2,400 square feet, under a 10-year lease term.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $300/ft
- Lease Term: 10-year lease
- Landlord: Thor Equities
- Tenant: L.A. Burdick Chocolates
- Market: Flatiron District
- Broker Representatives: Ross Berkowitz & Jason Stein - Newmark
L.A. Burdick Chocolates has signed a lease for its second New York City location and eighth nationwide, marking a significant expansion in its operations. The deal was facilitated by brokers Ross Berkowitz and Jason Stein from Newmark, representing the interests of the involved parties.
On the Map
$300
$300/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
52876.67%
Cash-on-Cash
-15112.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93