ESNYC Leases Mixed-use Space In NoLiTa At 29 Spring St., Represented By Steven Bentolila - Oxford Property Group
29 Spring Street, New York, NY 10012, USA
Building Size
300 SF
Asset Type
Mixed-use
Closing
Mar 31, 2021
About this deal
AI
The mixed-use property located at 29 Spring St in NoLiTa has recently been leased. The deal was brokered by Steven Bentolila of Oxford Property Group. The tenant, ESNYC, has entered into an agreement with the landlord, Gordon Lau.
Summary of transaction details
- Property Type: Mixed-use
- Address: 29 Spring St
- Market: NoLiTa
- Tenant: ESNYC
- Landlord: Gordon Lau
- Broker: Steven Bentolila - Oxford Property Group
- Asking Rent: $300/ft.
- Square Footage: 300 SF
This lease transaction took place on 04/01/2021 and involved the leasing of a mixed-use property at 29 Spring St. Steven Bentolila from Oxford Property Group represented the tenant, ESNYC, in this deal. The asking rent for the space was $300 per square foot with a total area of 300 square feet.
On the Map
Mixed-use
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Stony Point 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