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343 W 14th St, New York, NY...

Hao Noodle & Tea Leases 4150 Square Feet At 343 W 14th St New York With Winick Realty Group
LEASED

Hao Noodle & Tea Leases 4150 Square Feet At 343 W 14th St New York With Winick Realty Group

343 W 14th St, New York, NY, 10014

Building Size

4,150 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 343 W 14th St, New York, NY, 10014. It encompasses a total square footage of 4,150. The market for this property is New York.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Hao Noodle & Tea
  • Landlord: Walter & Samuels Inc.
  • Tenant's Representative: Lee Block-Winick Realty Group
  • Landlord's Representative: Danielle Winick-Winick Realty Group

This transaction represents the collaboration between Hao Noodle & Tea and Walter & Samuels Inc., facilitated by their respective representatives in the leasing process. The tenant's interests were represented by Lee Block-Winick Realty Group, while Danielle Winick of Winick Realty Group represented the landlord in this agreement.

Players

Lee Block

RTL Real Estate

Broker

22 deals

Broker
David Berley

David Berley

Walter & Samuels Inc.

Landlord

$6M

vol

6 deals

Landlord
HT
Hao Noodle & TeaTenant

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

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