Roberta's Leases 1300 Square Feet At 15 Avenue A New York With Z&G Property Group
15 Avenue A, New York, NY, 10009
Building Size
1,300 SF
Asset Type
MultiFamily
Closing
Sep 23, 2019
AI
The property involved in this transaction is located at 15 Avenue A, New York, NY, 10009. It has a total of 1300 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Square Feet: 1300
- Address: 15 Avenue A, New York, NY, 10009
- Market: New York
- Tenant: Roberta’s
- Landlord: Z+G Property Group
- Tenant's Representatives: Jaime Schultz, Jeffrey Lopez (Lee & Associates)
- Landlord's Representative: Christopher DeCrosta (Good Space NYC)
The transaction involves Roberta’s as the tenant and Z+G Property Group as the landlord, with representation provided by Jaime Schultz and Jeffrey Lopez from Lee & Associates for the tenant, while Christopher DeCrosta from Good Space NYC represents 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