The Naxos Apothecary Leases Space At 241 Elizabeth St In New York Represented By Leo Likas
241 Elizabeth St, New York, NY, 10012
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 241 Elizabeth St, New York, NY, 10012. It is part of the New York market and features zero square feet, indicating that it may not have a traditional commercial space. The landlord for this property is WING YUEN RLTY INC, while the tenant is The Naxos Apothecary.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 241 Elizabeth St, New York, NY, 10012
- Market: New York
- Tenant: The Naxos Apothecary
- Landlord: WING YUEN RLTY INC
- Tenant's Representative: Leo Likas, CRRP (Blackwell Intl. CRE)
- Square Feet: 0
In this transaction, Leo Likas from Blackwell International Commercial Real Estate represented the tenant, The Naxos Apothecary. The transaction reflects the involvement of established entities in the New York leasing market.
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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