MathieuLustrerie Signs Lease For Retail Condo At 440 Washington St. In Tribeca
440 Washington St, New York, NY 10013, USA
Building Size
1,800 SF
Asset Type
—
Closing
Sep 24, 2019
About this deal
AI
An 1,800 square feet retail condo located at 440 Washington Street in Tribeca has been involved in a closed transaction. The property was leased to the tenant, @MathieuLustrerie, by the landlord, Ponte Equities.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: Not specified
- Asking Rent: $115
In this deal, Anthony M Ponte from @StonegateRealEstate represented the landlord, Ponte Equities, as their broker. Brett Weinstock from The F+B Group acted as the tenant's representative, representing @MathieuLustrerie in the transaction.
Players
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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