Gaesook Yun Leases Mixed-Use Property From Lewis Rosenthal At 118 West 3rd Street For $145/ft
118 West 3rd Street
$145
$145/SF
Building Size
1,800 SF
Asset Type
Mixed-use
Closing
Jul 29, 2026
AI
The property is located at 118 West 3rd Street in the Greenwich Village market. This mixed-use asset comprises 1 commercial unit and 16 residential units. The asking rent is $145 per square foot, and the total square footage is 1,800. The lease term is set for 10 years under a retail lease agreement.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $145/ft
- Square Footage: 1,800
- Lease Term: 10 Years
- Lease Type: Retail Lease
- Landlord: Lewis Rosenthal
- Tenant: Gaesook Yun
- Broker: Kevin Ma - EXP Commercial
Kevin Ma is the broker representing the deal from EXP Commercial. Lewis Rosenthal, as the landlord, enters into this agreement with tenant Gaesook Yun, further solidifying the occupancy of the mixed-use property in Greenwich Village.
Players
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
109400.00%
Cash-on-Cash
-31266.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93