facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Lease

/

15 Avenue A, New York, NY, ...

Roberta's Leases 1300 Square Feet At 15 Avenue A New York With Z&G Property Group
LEASEDMultiFamily

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:

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

Roberto G. Rhett

Broker

4 deals

Broker
Z+G Property Group
Z+G Property GroupLandlord

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