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28 Bond St, Mosman Nsw 2088...

CBRE Representatives Secure Mixed Use Lease For DeVOL Kitchens At 28 Bond Street, Noho, Manhattan
LEASEDMixed-use

CBRE Representatives Secure Mixed Use Lease For DeVOL Kitchens At 28 Bond Street, Noho, Manhattan

28 Bond St, Mosman Nsw 2088, Australia

Building Size

3,450 SF

Asset Type

Mixed-use

Closing

Nov 28, 2020

AI

Located at 28 Bond Street in Noho, Manhattan, this mixed-use property recently went through a closed transaction. The property consists of 3,450 square feet, with 1,950 square feet on the ground floor and an additional 1,500 square feet in the cellar. The asking rent for the space was $250.

Summary of transaction details

Representing both the landlord and the tenant in this deal were Jon Kamali and Brad Cohen of CBRE, formerly of Eastern Consolidated. They facilitated the transaction between the property owner and @devolkitchens, securing the lease agreement.

Players

Bradley Cohen

CBRE

Broker

$134.5M

vol

11 deals

Broker

Sydney Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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