facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Lease

/

620 West 153rd Street

Round The Clock Preschool Leases Retail Space At 620 West 153rd Street In New York City
LEASEDMixed-use

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

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.

Players

Sholom Kanevsky

Kassin Sabbagh Realty

Broker

11 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

Loading comparables…

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