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
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.
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