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

Updated Oct 29, 2024

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

About this deal

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.

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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
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New York CRE Market Snapshot

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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

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