Langos Bar Leases Mixed-Use Space In Lower East Side At 137 Rivington Street
137 Rivington Street, Manhattan, New York, NY, USA
Building Size
600 SF
Asset Type
Mixed-use
Closing
Nov 17, 2020
About this deal
AI
137 Rivington Street, located in the Lower East Side market, was involved in a recent lease transaction. The mixed-use property, with an address on Rivington Street, was leased by Langos Bar.
Summary of transaction details:
- Property Type: Mixed-use
- Asking Rent: $90/ft.
- Square Footage: 600 SF
- Tenant: Langos Bar
- Broker: Elliot Beyda
Elliot Beyda, representing Langos Bar in the deal, played a crucial role in finalizing the lease agreement.
Traded’s record for 137 Rivington Street, Manhattan, New York, NY, USA in New York, New York covers a mixed use lease from 2020. Published size for 137 Rivington Street, Manhattan, New York, NY, USA is 600 square feet. Named participants on the 137 Rivington Street, Manhattan, New York, NY, USA lease are Elliot Beyda. This page is the New York, New York file for the 137 Rivington Street, Manhattan, New York, NY, USA mixed use leased: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else leased near 137 Rivington Street, Manhattan, New York, NY, USA around 2020. Cite this Langos Bar Leases Mixed-Use Space In Lower East Side At 137 Rivington Street lease when underwriting similar mixed use product around New York, New York.
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93