Updated Oct 29, 2024
Wesh NYC Signs Lease Deal For Retail Space At 242 Elizabeth Street In New York City
242 Elizabeth Street
$165
$165/SF
Building Size
1,850 SF
Asset Type
MultiFamily
Closing
Apr 10, 2023
About this deal
AI
The retail property located at 242 Elizabeth Street in New York City has been leased in a closed transaction. The property, measuring approximately 1,850 square feet, was leased by Wesh NYC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 242 Elizabeth Street, New York City
The landlord for this lease transaction was The Ervolino Group. The leasing process was facilitated by brokers Kayla Terzi from Booth Street and Laurence Roberts.
The multifamily lease at 242 Elizabeth Street in New York leased for $165 in 2023. The building is 1,850 square feet, implying about 165 per square foot on the published price. Laurence "Larry" Roberts, Kayla Terzi, Booth Street appear on the lease alongside Booth Street. This page is the New York file for the 242 Elizabeth Street multifamily leased: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that local multifamily set by closing date to see what else leased near 242 Elizabeth Street around 2023. Published consideration for 242 Elizabeth Street is $165, dated 2023. Cite this Wesh NYC Signs Lease Deal For Retail Space At 242 Elizabeth Street In New York City lease when underwriting similar multifamily product around New York.
On the Map
$165
$165/SF
MultiFamily
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Players
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
96139.39%
Cash-on-Cash
-27476.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93