Georgia Mavronasios Leases Retail Space To Feigy Reich At 38-22 10th Street
38 22 10th Street
$17
$17/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Nov 10, 2025
AI
This retail asset is located at 38-22 10th Street in Long Island City. The leased space encompasses 6,000 square feet, with an asking rent of $17 per square foot. The lease type for this transaction is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17/ft
- Square Footage: 6,000
- Address: 38-22 10th Street
- Market: Long Island City
- Landlord: Georgia Mavronasios
- Tenant: Thomas Reich
- Brokers: Luca DiCiero & Devin Navarro - NY Space Finders
The deal featured brokers Luca DiCiero and Devin Navarro representing the transaction. Their involvement facilitated the leasing process between landlord Georgia Mavronasios and tenant Thomas Reich.
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
933117.65%
Cash-on-Cash
-266687.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93