Baccarat Leases 1000 Square Feet At 371 Bleecker St With Landlord 373 Bleecker LLC
371 Bleecker St, New York, NY, 10014
Building Size
1,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in the transaction is located at 371 Bleecker St, New York, NY, 10014. The asset comprises 1,000 square feet situated in the New York market. The landlord of the property is 373 Bleecker LLC.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Square Feet: 1,000
- Address: 371 Bleecker St, New York, NY, 10014
- Market: New York
- Landlord: 373 Bleecker LLC
- Tenant: Baccarat
- Landlord's Representative: Karen Bellantoni (Newmark)
The deal includes tenant Baccarat, associated with the lease of the property. Karen Bellantoni from Newmark represents the landlord in this transaction, facilitating the agreement between the involved parties.
Players
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