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264 Canal Street

Updated Oct 29, 2024

Unimax Supply Company Leases Mixed-Use Space In Chinatown At 264 Canal Street
LEASEDMixed-use

Unimax Supply Company Leases Mixed-Use Space In Chinatown At 264 Canal Street

264 Canal Street

Building Size

2,000 SF

Asset Type

Mixed-use

Closing

Nov 21, 2022

About this deal

AI

The mixed-use property located at 264 Canal Street in Chinatown has been leased. The landlord, Avram Bogopulsky, has entered into a lease agreement with the tenant, Unimax Supply Company, represented by Wes Wood. The deal was facilitated by brokers Josh Augenbaum from Augenbaum Realty Corp. and Harris C Bulow from flagshipEra. The property is comprised of 2,100 square feet and was leased for an asking rent of $45 per square foot.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: Leased
  • Address: 264 Canal Street, Chinatown
  • Landlord: Avram Bogopulsky
  • Tenant: Unimax Supply Company - Wes Wood
  • BROKERS: Josh Augenbaum - Augenbaum Realty Corp. & Harris C Bulow - flagshipEra
  • Asking Rent: $45 per square foot
  • Square Footage: 2,100

This lease agreement was a successful collaboration between Avram Bogopulsky as the landlord, and Wes Wood as the tenant, with representation from brokers Josh Augenbaum and Harris C Bulow. This lease offers an opportunity for Unimax Supply Company to establish their presence in the vibrant market of Chinatown.

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Mixed-use

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Players

Josh Augenbaum

Augenbaum Realty

Broker

$662.2M

vol

156 deals

Broker

Avram Bogopulsky

Landlord

3 deals

Landlord
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New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Deal FAQ

About $45 per square foot for 2,000 square feet (2022).

Visit Josh Augenbaum to view all their deals.

Browse New York mixed use leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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