Updated Oct 29, 2024
Rice Cream Shoppe Leases 1650 Square Feet At 195 Bleecker St From Celestial Seven
195 Bleecker St, New York, NY, 10012
Building Size
1,650 SF
Asset Type
MultiFamily
Closing
Nov 3, 2015
About this deal
AI
The property involved in this transaction is located at 195 Bleecker St, New York, NY, 10012. The lease covers an area of 1,650 square feet and is set in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 195 Bleecker St, New York, NY, 10012
- Square Feet: 1,650
- Tenant: Rice Cream Shoppe
- Landlord: Celestial Seven
- Tenant's Representatives: James Famularo - Meridian Capital Group, Jeff Geoghegan - Kassin Sabbagh Realty
- Landlord's Representatives: Matthew Olden, William Abramson - Buchbinder & Warren
- Lease Term: 10 years
This lease transaction features Rice Cream Shoppe as the tenant with representation from James Famularo and Jeff Geoghegan. Celestial Seven serves as the landlord, represented by Matthew Olden and William Abramson. The lease duration is set for ten years, reflecting the agreement between the involved parties.
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