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
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