A Plus Medical Supply & Equipment Leases Retail Space From Rodney Propp In Manhattan For $75/SF
1330 Fifth Avenue
$75
$75/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jun 2, 2026
AI
The property asset involved in this transaction is a retail space located at 1330 Fifth Avenue in Manhattan. The property consists of 1,000 square feet and is leased under a Single Net Lease agreement. The asking rent for this space is $75 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $75/ft
- Square Footage: 1,000
- Address: 1330 Fifth Avenue
- Market: Manhattan
- Landlord: Rodney Propp
- Tenant: A Plus Medical Supply & Equipment
- Landlord & Tenant's Representative: Noam Aziz & Cory Rywalt - Meridian Capital Group
Noam Aziz and Cory Rywalt from Meridian Capital Group represent both the landlord, Rodney Propp, and the tenant, A Plus Medical Supply & Equipment, in this leasing transaction.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93