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SoHo, New York City, New Yo...

ANSA Leases Mixed-Use Space In Soho From Eretz Group
LEASEDMixed-use

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

Khashy Eyn

Platinum Commercial

Broker

$581.9M

vol

24 deals

Broker
EG
Eretz GroupLandlord
A
ANSATenant

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