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236 Plymouth Street

Padel Haus Signs Lease For Retail Space At 236 Plymouth Street In New York City
LEASEDMultiFamily

Padel Haus Signs Lease For Retail Space At 236 Plymouth Street In New York City

236 Plymouth Street

$50

$50/SF

Building Size

25,000 SF

Asset Type

MultiFamily

Closing

Apr 14, 2023

AI

Padel Haus has signed a lease for a retail property located at 236 Plymouth Street in New York City. The property spans approximately 25,000 square feet and the asking rent is $50 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 236 Plymouth Street
  • Market: New York City

In this deal, Padel Haus was represented by Max Talpalar from Green Owl Real Estate. The landlord's representative in this lease transaction was Sam Hamway from REQCE.

Players

Max Talpalar

Green Owl Real Estate

Broker

3 deals

Broker
PH
Padel HausTenant

Market 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

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93