Atelier New York Leases Mixed-Use Space At 29 West 8th Street In Greenwich Village
29 West 8th Street, Manhattan, New York, NY, USA
Building Size
2,450 SF
Asset Type
Mixed-use
Closing
Nov 30, 2020
About this deal
AI
Located in the vibrant Greenwich Village, the mixed-use property at 29 West 8th Street has recently been leased. The tenant, @AtelierNewYork, will be occupying a space encompassing approximately 2,450 square feet. The deal was facilitated by Jon Kamali of 's REP brokerage firm.
Summary of transaction details
- Property Type: Mixed-Use
- Asking Rent: $145 per square foot
- Square Footage: 2,450
- Date: 12/01/2020
- Market: Greenwich Village
The landlord, Edgar Green, successfully negotiated the lease agreement with @AtelierNewYork. The terms of the deal were not disclosed. For more information about the property, you can refer to the embedded Instagram post here.
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