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179 Ludlow St, New York, NY...

Drybar Leases 2200 Square Feet At 179 Ludlow St New York From Sutton Equity LLC
LEASEDMultiFamily

Drybar Leases 2200 Square Feet At 179 Ludlow St New York From Sutton Equity LLC

179 Ludlow St, New York, NY, 10002

$150

$150/SF

Building Size

2,200 SF

Asset Type

MultiFamily

Closing

Aug 17, 2016

AI

The property involved in this lease transaction is located at 179 Ludlow St, New York, NY, 10002. It has a total area of 2,200 square feet and a rent of $150 per square foot, situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 179 Ludlow St, New York, NY, 10002
  • Market: New York
  • Landlord: Sutton Equity LLC
  • Tenant: Drybar
  • Landlord's Representative: Christian Stanton (Cushman & Wakefield)

This lease transaction involves notable parties including Drybar, the tenant, and Sutton Equity LLC, the landlord. Christian Stanton from Cushman & Wakefield represents the landlord in this deal, facilitating the leasing process.

Players

Christian Stanton

Cushman & Wakefield

Broker

7 deals

Broker
SL
Sutton Equity LLCLandlord
D
DrybarTenant

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

105753.33%

Cash-on-Cash

-30224.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93