ANSA Leases Mixed-Use Space In Soho From Eretz Group
SoHo, New York City, New York, United States
$75
$75/SF
Building Size
3,600 SF
Asset Type
Mixed-use
Closing
Nov 11, 2022
AI
The mixed-use property located in Soho recently underwent a lease transaction. The lease was negotiated between the tenant, ANSA, and the landlord, Eretz Group. The brokers involved in the deal were Steven Evans and Khashy Eyn, representing Platinum Properties NYC. The property is situated in a prime location in the Soho market.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Date: 11/11/2022
- Asking Rent: $75/ft.
- Total Square Footage: 3,600 SF
The lease transaction was facilitated by Steven Evans and Khashy Eyn from Platinum Properties NYC. They successfully negotiated the terms between ANSA and Eretz Group. The property's central location in Soho makes it an attractive choice for businesses in various industries.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93