Gio Salon Leases Retail Condo At 265 Bleecker Street In Manhattan's Market
265 Bleecker St, New York, NY 10014, USA
Building Size
642 SF
Asset Type
—
Closing
Nov 28, 2020
About this deal
AI
The retail condo located at 265 Bleecker Street in Manhattan, New York has recently been sold in a closed transaction. The property offers a total area of 642 square feet and was listed with an asking price of $210 per square foot. The deal was finalized for a term of 10 years.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: Not specified
- Address: 265 Bleecker Street
- Market: Manhattan, New York
The tenant occupying the retail condo is Gio Salon, while the landlord responsible for the property is Anthony Gurerra. The transaction was facilitated by brokers Jordana Hirsch-Baruch and Dynamik Real Estate.
Players
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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