Solidcore Leases 2,507 Square Foot Retail Space At 1695 2nd Avenue Upper East Side
1695 2nd Avenue
Building Size
2,507 SF
Asset Type
Retail
Closing
Sep 28, 2026
About this deal
AI
The property asset involved in this transaction is a 2,507-square-foot retail space located at 1695 2nd Avenue in the Upper East Side of New York City. This retail space is part of the Langdon, a residential building featuring 23 stories and a total of 51 units. The landlord, Alchemy-ABR Investment Partners, is affiliated with Brian Ray.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 1695 2nd Avenue
- Market: Upper East Side
- Landlord: Brian Ray - Alchemy-ABR Investment Partners
- Tenant: Bryan Myers - Solidcore
- Landlord's Representative: Matthew Schuss & Jesse Wolff - JLL
- Tenant's Representative: Sean Young - Sabre Real Estate Group
Solidcore, represented by Bryan Myers, has signed a lease for the entire retail space within the residential building. The leasing agreement was facilitated through Sean Young of Sabre Real Estate Group, representing the tenant, while the landlord's interests were managed by representatives Matthew Schuss and Jesse Wolff from JLL.
On the Map
Retail
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Players
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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