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
About this deal
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.
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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