Adam Justin Leases Retail Space To Tea Pulse At 65 West 30th Street Manhattan
65 West 30th Street
$200
$200/SF
Building Size
750 SF
Asset Type
Retail
Closing
Nov 30, 2025
AI
The property asset involved in the transaction is a retail space located at 65 West 30th Street in Manhattan. The space has a lease type categorized as a Single Net Lease, covering a total area of 750 square feet. The asking rent for this property is priced at $200 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150,000
- Address: 65 West 30th Street
- Market: Manhattan
- Landlord: Adam Justin
- Tenant: Tea Pulse
- Tenant's Representation: Mathiew Wilson, Sunanne Zhu & Shiyun Shang - Alignment Realty
The deal showcases the involvement of landlord Adam Justin and tenant Tea Pulse, with representation provided by Mathiew Wilson, Sunanne Zhu, and Shiyun Shang from Alignment Realty. This highlights the collaborative effort in securing the lease 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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93