Round The Clock Preschool Leases Retail Space At 620 West 153rd Street In New York City
620 West 153rd Street
$50
$50/SF
Building Size
15,514 SF
Asset Type
Mixed-use
Closing
Jan 4, 2023
About this deal
AI
The retail property located at 620 West 153rd Street in New York City has been leased. The transaction took place on January 4, 2023. The property spans an area of 15,514 square feet and was leased by Round The Clock Preschool.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 620 West 153rd Street
- Market: New York City
- Landlord: Joel Kohn
- Tenant: Round The Clock Preschool
- Brokers: Sholom Kanevsky & Eli Yadid - KSR
- Asking Rent: $50/ft
Joel Kohn acted as the landlord in this lease deal. The tenant, Round The Clock Preschool, will operate at the leased retail property. The brokers involved in this transaction were Sholom Kanevsky and Eli Yadid of KSR.
On the Map
$50
$50/SF
Mixed-use
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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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93