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501 W 184th St, New York, N...

Grace Industries Signs Lease With Cammeby's International For 1000 Square Feet At 501 W 184th St
LEASED

Grace Industries Signs Lease With Cammeby's International For 1000 Square Feet At 501 W 184th St

501 W 184th St, New York, NY, 10033

Building Size

1,000 SF

Asset Type

Closing

Nov 19, 2023

AI

This property is located at 501 W 184th St, New York, NY, 10033, in the New York market. The total square footage of the property is 1000 square feet.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Landlord: Cammeby's International
  • Tenant: Grace Industries
  • Landlord's Representatives: Lee Block-Winick Realty Group, Darrell Rubens-Newmark

The transaction involves the leasing of the property, with representative roles highlighted for both the landlord and the tenant. The involvement of Lee Block-Winick Realty Group and Darrell Rubens from Newmark emphasizes the collaborative efforts for this lease agreement.

Players

Lee Block

RTL Real Estate

Broker

22 deals

Broker
Cammeby’s International Group
Cammeby’s International GroupLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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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