Canal Street Ventures Leases 4950 Square Feet At 243 Canal St New York With Brokers Regal And Katcher
243 Canal St, New York, NY, 10013
Building Size
4,950 SF
Asset Type
MultiFamily
Closing
Feb 28, 2020
AI
The property at 243 Canal St, New York, NY, 10013, encompasses a total of 4,950 square feet. Located in the New York market, this asset is associated with Canal Street Ventures as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 243 Canal St, New York, NY, 10013
- Square Feet: 4,950
- Landlord: Canal Street Ventures
- Landlord's Representative: Douglas Regal - Cushman & Wakefield, Jamie Katcher
This transaction involves key representatives from the real estate sector, specifically Douglas Regal and Jamie Katcher, who hold the roles of representatives for the landlord in this deal.
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