Express Signs Lease For Retail Space At 514 Broadway In SoHo With Landlord's Rep Carolina Aziz & Ike Bibi
514 Broadway
Building Size
—
Asset Type
—
Closing
Jul 25, 2022
About this deal
AI
514 Broadway, located in the SoHo market, was leased to Express in a recent transaction. The retail space spans 9,181 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not available
- Address: 514 Broadway
- Market: SoHo
Representing the landlord, Haim Kedmi, in this lease deal were Carolina Aziz and Ike Bibi from Kassin Sabbagh Realty. On the tenant's side, Newmark's Michael Paster, Jeremy Ezra, and Ariel Schuster acted as representatives for Express.
Traded’s record for 514 Broadway in Mechanicville, New York covers a commercial sale from 2022. Named participants on the 514 Broadway sale are Haim Kedmi. This page is the Mechanicville, New York file for the 514 Broadway commercial sold: pricing, party profiles, and other closed commercial comps from the same Mechanicville sit in the Market section below. Filter that Mechanicville commercial set by closing date to see what else sold near 514 Broadway around 2022. Cite this Express Signs Lease For Retail Space At 514 Broadway In SoHo With Landlord's Rep Carolina Aziz & Ike Bibi sale when underwriting similar commercial product around Mechanicville, New York.
On the Map
Players
Mechanicville CRE Market Snapshot
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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