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
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93