SOLD
New University Pen & Stationery Leases Retail Space At 134 W. Houston Street In West Village
134 W. Houston Street
Building Size
—
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
The retail property at 134 W. Houston Street in West Village has been leased. The tenant, New University Pen & Stationery, has signed a lease agreement for the space. The property spans 2,214 square feet and the asking rent is $130 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 134 W. Houston Street
- Market: West Village
- Tenant: New University Pen & Stationery
The lease was facilitated by Greg Goldberg from Meridian Capital Group. He represented New University Pen & Stationery in the deal.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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