Chartres Lodging Group Leases Hotel To The Easy Way Listening LLC In Manhattan For 15 Years
130 West 46th Street
$360,000
$360,000/SF
Building Size
4,000 SF
Asset Type
Hotel
Closing
Sep 14, 2025
AI
The property asset involved in this transaction is a hotel located at 130 West 46th Street in Manhattan. The lease agreement has been executed for a space totaling 4,000 square feet at an asking rent of $90 per square foot. The lease term is set for 15 years, classified as a retail lease.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $360,000
- Landlord: Chartres Lodging Group
- Tenant: The Easy Way Listening LLC
- Landlord's Representative: Danny Volk, Marc Johnson & Kayla Terzi - Vantage Real Estate Advisors
- Tenant's Representative: Thomas Moglia & Jarrett Sharp - Murro Realty
- Lease Type: Retail Lease
This deal highlights the involvement of prominent brokers and their firms, representing key parties within the transaction. The landlord is represented by Danny Volk, Marc Johnson, and Kayla Terzi from Vantage Real Estate Advisors, while the tenant is represented by Thomas Moglia and Jarrett Sharp from Murro Realty.
Players
New York Hotel Market Snapshot
Boundary boundary · Hotel · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
44.06%
Cash-on-Cash
-12.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93