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223 E 14th St, New York, NY...

Fat Cat Kitchen Leases 600 Square Feet From 223 E 14 St LLC In New York
LEASED

Fat Cat Kitchen Leases 600 Square Feet From 223 E 14 St LLC In New York

223 E 14th St, New York, NY, 10003

Building Size

600 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 223 E 14th St, New York, NY, 10003. It consists of a leased space totaling 600 square feet in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 223 E 14th St, New York, NY, 10003
  • Square Feet: 600
  • Tenant: Fat Cat Kitchen
  • Landlord: 223 E. 14 St. LLC
  • Tenant's Representative: Colby Swartz-Suzuki Capital

This lease transaction includes key parties such as the landlord, 223 E. 14 St. LLC, and the tenant, Fat Cat Kitchen, represented in this deal by Colby Swartz-Suzuki Capital. The involvement of these entities highlights the structured nature of the agreement.

Players

Colby Swartz

Suzuki Capital

Broker

$3.7M

vol

4 deals

Broker

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