Sveta’s Place Leases 2700 Square Feet At 37A Bedford St With Tenant's Rep Elena Tibball
37A Bedford St, New York, NY, 10014
Building Size
2,700 SF
Asset Type
MultiFamily
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 37A Bedford St, New York, NY, 10014. The total square footage of the leased space is 2700. The transaction unfolds within the New York market, facilitated by the landlord, 37A Bedford LLC.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 37A Bedford St, New York, NY, 10014
- Tenant: Sveta’s Place
- Landlord: 37A Bedford LLC
- Tenant's Representative: Elena Tibball - Capstone Properties NY
This lease transaction saw the collaboration between Sveta’s Place as the tenant and 37A Bedford LLC as the landlord. The representation was provided by Elena Tibball from Capstone Properties NY, ensuring that the interests of the tenant were advocated throughout the negotiation process.
Players
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