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97 2nd Avenue, New York Cit...

Getir Leases Retail Space In East Village NYC With Tenant's Rep Tarik Bouzourene & Landlord's Rep Yoni Hadar & Zeke Chernoff
LEASEDRetail

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

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.

Players

Tarik Bouzourene

Broker

3 deals

Broker
G
GetirTenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93