Moon Wrap Leases 700 Square Feet At 223 Bleecker St New York With Solil Management
223 Bleecker St, New York, NY, 10012
Building Size
700 SF
Asset Type
—
Closing
Nov 19, 2023
AI
A lease transaction has taken place involving a 700 square foot property located at 223 Bleecker St, New York, NY, 10012. The transaction occurs in the New York market, with specific details related to the parties involved in the lease agreement.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 223 Bleecker St, New York, NY, 10012
- Market: New York
- Tenant: Moon Wrap
- Landlord: Solil Management
- Tenant's Representative: Gregory (Greg) Tannor, Lee & Associates
- Landlord's Representative: Brett Weinblatt, Compass
This transaction involved key individuals including tenant Moon Wrap, represented by Gregory (Greg) Tannor from Lee & Associates, and landlord Solil Management, represented by Brett Weinblatt from Compass. Their involvement facilitated the lease arrangement for the specified property.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
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