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37A Bedford St, New York, N...

Sveta’s Place Leases 2700 Square Feet At 37A Bedford St With Tenant's Rep Elena Tibball
LEASEDMultiFamily

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

Elena Tibball

Capstone Properties NY

Broker

1 deal

Broker
Sinvin Realty
Sinvin RealtyBrokerage

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