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1695 2nd Avenue

Updated Sep 29, 2026

LEASEDRetail

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:

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.

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Retail

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Players

Matthew Schuss

JLL

Broker

8 deals

Broker

Brian Ray

Alchemy-ABR Investment Partners

Landlord

$24M

vol

4 deals

Landlord

Bryan Myers

Solidcore

Tenant
Tenant
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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

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