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295 Madison Avenue

Vivibowl Signs 10-Year Lease At 295 Madison Avenue With The Eretz Group As Landlord
LEASEDRetail

Vivibowl Signs 10-Year Lease At 295 Madison Avenue With The Eretz Group As Landlord

295 Madison Avenue

$310

$310/SF

Building Size

1,700 SF

Asset Type

Retail

Closing

Aug 8, 2025

AI

The property asset involved is a retail location situated at 295 Madison Avenue in Midtown. It spans 1,700 square feet and has an asking rent of $310 per foot with a lease term set for 10 years under a modified gross lease agreement.

Summary of transaction details:

The representatives involved in this transaction include Steven Evans, Joseph Zalta, Emre Bozkurt, and David Park acting for The Eretz Group, while Fanny Fan, Andrew Kahn, and Kevin Lu represent the tenant, Vivibowl. The lease agreement reflects collaborative efforts from both sides in securing the retail space.

Players

Steven Evans

Platinum Commercial

Broker

$36.1M

vol

47 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Steven Evans

Steven Evans

Landlord

$36.1M

vol

47 deals

Landlord

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

51170.97%

Cash-on-Cash

-14624.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93