facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Hotel

/

Lease

/

130 West 46th Street

Chartres Lodging Group Leases Hotel To The Easy Way Listening LLC In Manhattan For 15 Years
LEASEDHotel

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

Jarrett Sharp

Broker

6 deals

Broker

New York Hotel Market Snapshot

Boundary boundary · Hotel · Lease transactions

Loading comparables…

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