facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Lease

/

136 10th Ave, New York, NY,...

Lisson Gallery Leases 3500 Square Feet At 136 10th Ave, New York From 136-138 Tenth Avenue LLC
LEASEDMultiFamily

Lisson Gallery Leases 3500 Square Feet At 136 10th Ave, New York From 136-138 Tenth Avenue LLC

136 10th Ave, New York, NY, 10011

Building Size

3,500 SF

Asset Type

MultiFamily

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 136 10th Ave, New York, NY, 10011, occupying 3,500 square feet. It is situated in the New York market and is owned by 136-138 Tenth Avenue LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 136 10th Ave, New York, NY, 10011
  • Market: New York
  • Landlord: 136-138 Tenth Avenue LLC
  • Tenant: Lisson Gallery
  • Landlord's Representative: George Wlodarczyk-Douglas Elliman

The lease agreement was established between the landlord, 136-138 Tenth Avenue LLC, and the tenant, Lisson Gallery, with representation from George Wlodarczyk of Douglas Elliman, facilitating the transaction details on behalf of the landlord.

Players

George Wlodarczyk

Douglas Elliman

Broker

2 deals

Broker
Avison Young
Avison YoungBrokerage
SPRE Realty
SPRE RealtyBrokerage

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