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140 Mulberry Street

Mulberry Memorabilia Mart Leases Retail Space In Little Italy's 140 Mulberry Street With Landlord Kings Capital - Jeff Znaty & George Giannopolos
LEASEDMultiFamily

Mulberry Memorabilia Mart Leases Retail Space In Little Italy's 140 Mulberry Street With Landlord Kings Capital - Jeff Znaty & George Giannopolos

140 Mulberry Street

$200

$200/SF

Building Size

9,900 SF

Asset Type

MultiFamily

Closing

Mar 24, 2023

AI

The retail property located at 140 Mulberry Street in Little Italy has been leased. The property, measuring 1,100 square feet, was leased by Mulberry Memorabilia Mart. The transaction was facilitated by brokers David Sabbagh and David Green from KSR. The asking rent for the space was $200 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not applicable
  • Address: 140 Mulberry Street
  • Market: Little Italy

The lease was arranged by brokers David Sabbagh and David Green from KSR. The property is owned by Kings Capital, represented by Jeff Znaty and George Giannopolos.

Players

David Sabbagh

Kassin Sabbagh Realty

Broker

60 deals

Broker
Jeffrey Znaty

Jeffrey Znaty

Kings Capital

Landlord

$118.3M

vol

20 deals

Landlord
Kings Capital
Kings CapitalLandlord

Buffalo 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

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93