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174 Delancey St FRNT, New Y...

FCA Leases 1000 Square Feet At 174 Delancey St In New York With Rep Max Swerdloff
LEASEDMultiFamily

FCA Leases 1000 Square Feet At 174 Delancey St In New York With Rep Max Swerdloff

174 Delancey St FRNT, New York, NY...

Building Size

1,000 SF

Asset Type

MultiFamily

Closing

Nov 20, 2023

AI

The property involved in the transaction is located at 174 Delancey St FRNT, New York, NY. It encompasses a total area of 1000 square feet. This asset is situated in the competitive New York market.

Summary of transaction details:

Key individuals in this lease transaction include the landlord, FCA, and their representatives, Max Swerdloff and James Famularo, who are affiliated with Meridian Capital Group. Their involvement highlights the brokerage's role in the lease process for this property in New York.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

365 deals

Broker
FCA
FCALandlord

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