Updated Oct 29, 2024
Omelettos Signs Lease At 158 Orchard Street In New York City
158 Orchard Street
$90
$90/SF
Building Size
750 SF
Asset Type
MultiFamily
Closing
Dec 16, 2022
About this deal
AI
The multifamily property located at 158 Orchard Street in New York City has been leased to Omelettos. The leasing transaction was facilitated by Tanner Zar from Titan Group New York, representing the tenant, and Aryeh Vilinsky from BH REALTY, representing the landlord.
Summary of transaction details:
- Property Type: Multifamily
- Asking Rent: $90/ft
- Square Footage: 750
- Date: 12/16/2022
- Address: 158 Orchard Street
- Market: New York City
The landlord's representative, Aryeh Vilinsky of BH REALTY, successfully negotiated a lease agreement with Omelettos, represented by Tanner Zar of Titan Group New York. The deal was finalized at an asking rent of $90 per square foot for a total space of 750 square feet.
Players
New York City 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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93