Shaller Avenue Corporation Leases 1000 SF To Lopez Iron Works At 6432 Shaler Ave
6432 Shaler Ave, New York, NY, 11385
$42
$42/SF
Building Size
1,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this transaction is a lease located at 6432 Shaler Ave, New York, NY, 11385, in the Glendale market. It encompasses a total area of 1000 square feet and is leased at a rate of $42 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 6432 Shaler Ave, New York, NY, 11385
- Market: Glendale
- Landlord: Shaller Avenue Corporation
- Tenant: Lopez Iron Works
- Landlord's Representative: Martin DuPain (Bond New York Real Estate)
This deal features Lopez Iron Works as the tenant, seeking space in an urban area facilitated by representation from Martin DuPain, who is affiliated with Bond New York Real Estate, representing the landlord in this lease transaction.
Players
Glendale 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
377690.48%
Cash-on-Cash
-107945.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93