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49 Broadway

Updated Oct 28, 2024

Wall Street Gifts Inc. Leases Retail Space At 49 Broadway, New York
LEASED

Wall Street Gifts Inc. Leases Retail Space At 49 Broadway, New York

49 Broadway

$100

$100/SF

Building Size

6,250 SF

Asset Type

—

Closing

Jul 1, 2022

About this deal

AI

The retail property located at 49 Broadway in New York has been leased. The asset comprises approximately 6,250 square feet and was leased by Wall Street Gifts Inc. The landlord, Jane Goldman, enlisted the services of Leonard C. Constantin as her representative in the transaction. Nicolas Nitu, from Habendum Real Estate, acted as the tenant's representative. The lease was secured at an asking rent of $100 per square foot.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 49 Broadway, New York
  • Tenant: Wall Street Gifts Inc.
  • Landlord: Jane Goldman
  • Tenant's Representative: Nicolas Nitu - Habendum Real Estate
  • Landlord's Representative: Leonard C. Constantin
  • Asking Rent: $100/ft.
  • SF: 6,250

Habendum Real Estate, specializing in commercial leasing and sales, provided representation for both landlords and tenants throughout the five boroughs of New York City. For inquiries about commercial real estate, you can reach out to Habendum Real Estate's office at 917-261-6561, or contact Nicolas Nitu directly at 917-885-4878.

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$100

$100/SF

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Players

Nicolas Nitu

Habendum Real Estate

Broker

8 deals

Broker
Jane Goldman

Jane Goldman

Solil Management

Landlord

$45.7M

vol

6 deals

Landlord
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Deal FAQ

About $100 per square foot on a published $100 for 6,250 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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