Delicious Pizza Leases Retail Space At 974 Sixth Avenue From Landlord Jim Dalto For $700/ft
974 Sixth Avenue
$700
$700/SF
Building Size
400 SF
Asset Type
Retail
Closing
Jun 17, 2026
About this deal
AI
The property asset involved in this transaction is located at 974 Sixth Avenue in Manhattan, classified as a retail space. The asset spans 400 square feet and has an asking rent of $700 per square foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $700/ft
- Address: 974 Sixth Avenue
- Market: Manhattan
- Landlord: Jim Dalto
- Tenant: Delicious Pizza
- Brokers: Abe Bichoupan & Aaron Aziz - ARA
- Lease Type: Retail Lease
The key individuals involved in this transaction include landlord Jim Dalto and tenant Delicious Pizza. The transaction was facilitated by brokers Abe Bichoupan and Aaron Aziz from ARA, who represented both parties in securing the lease agreement.
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
22661.43%
Cash-on-Cash
-6476.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93