MYTHS MANAGEMENT Leases 2K SF Mixed-Use Space At 113 Stanton St. In NYC
113 Stanton Street
$126
$126/SF
Building Size
2,000 SF
Asset Type
Mixed-use
Closing
Feb 1, 2023
AI
MYTHS MANAGEMENT has signed a lease for approximately 2,000 square feet at 113 Stanton Street in New York City. The property, a mixed-use space, was previously occupied by the world-famous sneaker store, Round Two. The lease was facilitated by Real New York. Interested in growing their commercial real estate team, Real New York is actively seeking experienced brokers to join their team.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: Not provided
- Address: 113 Stanton Street, New York City
- Market: New York City
The lease at 113 Stanton Street was secured by MYTHS MANAGEMENT, a tenant in search of approximately 2,000 square feet of space. The deal was brokered by Eric Wong, Lauren Farnoosh, and Seth Kessler of Real New York. Jeanette Colaianni, the landlord, successfully leased out the property, which was previously occupied by Round Two.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
125896.83%
Cash-on-Cash
-35981.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93