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11 W 19th St, New York, NY,...

Pottery Barn Leases 1900 Square Feet At 11 W 19th St New York With Tenant's Rep Mark Finkelstein
LEASED

Pottery Barn Leases 1900 Square Feet At 11 W 19th St New York With Tenant's Rep Mark Finkelstein

11 W 19th St, New York, NY, 10011

Building Size

1,900 SF

Asset Type

Closing

Nov 20, 2023

AI

The property asset involved in this transaction is located at 11 W 19th St, New York, NY, 10011. This lease transaction encompasses a space measuring 1900 square feet in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 11 W 19th St, New York, NY, 10011
  • Market: New York
  • Tenant: Pottery Barn
  • Landlord: Savitt Partners
  • Tenant's Representative: Mark Finkelstein (Retail Strategies)

This transaction involved the lease agreement between Savitt Partners, acting as the landlord, and Pottery Barn, with representation provided by Mark Finkelstein from Retail Strategies. The deal was facilitated in the competitive New York market.

Players

Mark Finkelstein

Retail Strategies

Broker

1 deal

Broker
Savitt Partners
Savitt PartnersBrokerage
Savitt Partners
Savitt PartnersLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · 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