Friedman-Roth Realty Facilitates Lease Of Mixed-Use Space At 178 5th Avenue In New York City
178 5th Avenue
$234
$234/SF
Building Size
2,000 SF
Asset Type
Mixed-use
Closing
Jan 3, 2023
AI
The mixed-use property located at 178 5th Avenue in New York City has been leased. The transaction was facilitated by broker Skyler Gironda from Friedman-Roth Realty on behalf of landlord Joel Radmin. The asking rent for the property was $234 per square foot for a total area of 2,000 square feet.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: Lease
- Address: 178 5th Avenue, New York City
- Market: New York City
- Landlord: Joel Radmin
- Broker: Skyler Gironda - Friedman-Roth Realty
- Asking Rent: $234/ft
- Square Footage: 2,000
Skyler Gironda from Friedman-Roth Realty was instrumental in facilitating this lease transaction for the mixed-use property at 178 5th Avenue. The deal was successfully negotiated between the landlord, Joel Radmin, and the tenant. The terms of the lease, beyond the asking rent and square footage, were not provided in the available information.
New York City 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
67790.60%
Cash-on-Cash
-19374.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93