Pizza Hut Leases Retail Space At 134 Delancey Street In Lower East Side
134 Delancey Street
$130
$130/SF
Building Size
1,200 SF
Asset Type
MultiFamily
Closing
Sep 20, 2023
AI
The property involved in this transaction is a retail space located at 134 Delancey Street in the Lower East Side. The asset type is retail and the total square footage of the space is 1,200 square feet. The lease type is a triple net lease, with an asking rent of $130 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 134 Delancey Street
- Market: Lower East Side
- Landlord: Eddie Mizrachi - Bawabeh Brothers
- Tenant: Pizza Hut
- Broker: Josh Augenbaum - Augenbaum Realty; Bruce Herman & Noam Fox - Booth Street
- Asking Rent: $130/ft
- Square Footage: 1,200
- Lease Type: NNN Lease
In this lease transaction, the landlord, Eddie Mizrachi represented by Bawabeh Brothers, leased the retail space to Pizza Hut. The deal was facilitated by brokers Josh Augenbaum of Augenbaum Realty, and Bruce Herman and Noam Fox of Booth Street.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
122023.08%
Cash-on-Cash
-34874.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93