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328 W 113th St, New York, N...

Bilingual Nest LLC Signs Lease With 300 Manhattan Ave LLC For 3000 Square Feet In New York
LEASED

Bilingual Nest LLC Signs Lease With 300 Manhattan Ave LLC For 3000 Square Feet In New York

328 W 113th St, New York, NY, 10026

Building Size

3,000 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 328 W 113th St, New York, NY, 10026. The market for this property is New York, consisting of 3,000 square feet of space. The landlord associated with this property is 300 Manhattan Ave, LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 328 W 113th St, New York, NY, 10026
  • Market: New York
  • Square Feet: 3,000
  • Landlord: 300 Manhattan Ave, LLC
  • Tenant: Bilingual Nest, LLC
  • Landlord's Representative: Joshua Kaufman

This transaction involved Bilingual Nest, LLC as the tenant, while Joshua Kaufman represented the landlord, 300 Manhattan Ave, LLC, in this lease agreement. The details highlight the parties engaged in the deal, reflecting their roles in this transaction.

Players

Joshua Kaufman

Bluestar Properties, Inc.

Broker

$31.9M

vol

11 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