Updated Oct 29, 2024
Sushi Tatsu Leases 3800 Square Feet At 175 Franklin St New York With Brokers Kaneko And Famularo
175 Franklin St, New York, NY, 10013
Building Size
3,800 SF
Asset Type
MultiFamily
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in this transaction is located at 175 Franklin St, New York, NY, 10013. It encompasses a total area of 3,800 square feet and is categorized within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: N/A
- Address: 175 Franklin St, New York, NY, 10013
- Square Feet: 3,800
- Tenant: Sushi Tatsu
- Tenant's Representative: Elizabeth Kaneko - City Connections Realty
- Landlord's Representative: James Famularo - Meridian Capital Group
- Landlord: N/A
The deal involves Elizabeth Kaneko representing the tenant, Sushi Tatsu, while James Famularo represents the landlord's interests. The transaction reflects the collaborative efforts of both parties in securing the lease agreement.
On the Map
MultiFamily
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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