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118 West 3rd Street

Gaesook Yun Leases Mixed-Use Property From Lewis Rosenthal At 118 West 3rd Street For $145/ft
LEASEDMixed-use

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:

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

Kevin Ma

Exp Commercial

Broker
Broker

Lewis Rosenthal

Landlord

1 deal

Landlord

Gaesook Yun

@SeoulSoul

Tenant

1 deal

Tenant

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

109400.00%

Cash-on-Cash

-31266.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93