Getir Leases Retail Space In East Village NYC With Tenant's Rep Tarik Bouzourene & Landlord's Rep Yoni Hadar & Zeke Chernoff
97 2nd Avenue, New York City, New York 10003, United States
Building Size
1,500 SF
Asset Type
Retail
Closing
Dec 9, 2021
About this deal
AI
Getir, a retail tenant, has leased a space at 97 Second Avenue in the East Village market. The property is a retail asset with an area of 1,500 square feet. The deal was facilitated by Tarik Bouzourene of Reshape Advisory, who acted as the tenant's representative. Yoni Hadar and Zeke Chernoff of Meridian served as the landlord's representatives.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Asking Rent: $160/ft.
- Location: 97 Second Avenue, East Village
The lease transaction was completed on 12/09/2021. The tenant, Getir, secured the space with the assistance of Tarik Bouzourene from Reshape Advisory. Yoni Hadar and Zeke Chernoff, representing Meridian, represented the landlord in the deal. The lease was signed at an asking rent of $160 per square foot.
On the Map
Retail
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Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93