NYC Grab & Go Leases Retail Space At 210 West 50th Street In New York
210 West 50th Street
$218
$218/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Mar 28, 2023
About this deal
AI
The retail property located at 210 West 50th Street in New York has been leased. The tenant, NYC Grab & Go, has secured this space for their business. The lease transaction was facilitated by eRealty Advisors, who represented the tenant. The landlord's representatives in this deal were John Roesch and Isaac Bijou from Meridian Capital Group.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $218/ft
- Square Footage: 1,100
- Tenant: NYC Grab & Go
- Landlord's Rep: John Roesch & Isaac Bijou - Meridian Capital Group
- Tenant's Rep: eRealty Advisors
This lease transaction signifies the occupancy of the retail property at 210 West 50th Street by NYC Grab & Go. eRealty Advisors played a crucial role as the tenant's representative, ensuring a successful negotiation on behalf of NYC Grab & Go. Meanwhile, John Roesch and Isaac Bijou, representing Meridian Capital Group, acted as the landlord's representatives in this deal.
Players
Hialeah 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
72766.06%
Cash-on-Cash
-20796.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93