Updated Nov 28, 2024
Greystone Management Leases 6500 Square Feet At 75 Spring St New York With Tenant Rep Karen Bellantoni
75 Spring St, New York, NY, 10012
Building Size
6,500 SF
Asset Type
Commercial
Closing
Apr 5, 2018
About this deal
AI
A lease has been signed for 6,500 square feet of retail space located at 75 Spring Street in New York. The property is situated in the New York market and is under the management of Greystone Management.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 75 Spring St, New York, NY, 10012
- Tenant's Representative: Karen Bellantoni (Newmark)
- Landlord: Greystone Management
The apparel chain involved in the deal was represented by Jaclyn Totolo and Joshua Strauss from RKF alongside Karen Bellantoni, highlighting the collaborative effort among the representatives in securing the lease agreement.
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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