The Nuts Factory Signs 5-Year Lease At 34-16 30th Avenue In New York City
34-16 30th Avenue
$114
$114/SF
Building Size
1,050 SF
Asset Type
MultiFamily
Closing
May 5, 2023
AI
The retail property located at 34-16 30th Avenue in New York City has been leased by The Nuts Factory. The property spans 1,050 square feet and the lease term is set for 5 years. The landlord of the property is Ran Sharon. The asking rent for the lease was $114 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 34-16 30th Avenue, New York City
- Market: New York City
- Landlord: Ran Sharon
- Tenant: The Nuts Factory
- Lease Term: 5 years
The lease for the property was facilitated by brokers Luca DiCiero and Faisal Gilani from NY Space Finders. Richard Babeck served as the tenant's broker in this transaction.
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
139149.12%
Cash-on-Cash
-39769.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93