Vintage Group Leases Multifamily Property In SoHo To @SweetRehabNYC
135 Sullivan Street, New York, NY 10012, USA
Building Size
850 SF
Asset Type
MultiFamily
Closing
Dec 10, 2018
AI
135 Sullivan St. in SoHo has been leased by @SweetRehabNYC. The multifamily property was leased on 12/11/2018. The lease price was $140 per square foot for a total of 850 square feet. The landlord of the property is Vintage Group, represented by Eric Nelson. The lease was facilitated by brokers Michael Cohen and Amanda Keller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: N/A
- Address: 135 Sullivan St.
- Market: SoHo
- Tenant: @SweetRehabNYC
- Landlord: Vintage Group - Eric Nelson
- Brokers: Michael Cohen and Amanda Keller
Michael Cohen and Amanda Keller were the brokers involved in the lease transaction of 135 Sullivan St. in SoHo. The property was leased by @SweetRehabNYC, while the landlord, Vintage Group, was represented by Eric Nelson. The lease was closed on 12/11/2018 for a total of 850 square feet at a price of $140 per square foot.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93