Updated May 12, 2025
Teso Life Leases Retail Space On Mott St. In Chinatown With Broker John Roesch - Meridian Retail Leasing
75 Mott Street
$150
$150/SF
Building Size
1,500 SF
Asset Type
—
Closing
Sep 7, 2022
About this deal
AI
The property asset involved in the transaction is located at 75 Mott St., in Chinatown. It is categorized as retail space with an asking rent of $150 per square foot. The total square footage of the asset is 1,500 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft.
- Address: 75 Mott St.
- Market: Chinatown
- Tenant: Teso Life
- Broker: John Roesch - Meridian Retail Leasing
The key individuals involved in the deal include the tenant Teso Life and broker John Roesch, who represents Meridian Retail Leasing in this transaction.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93