Mfm Properties LLC Leases 1200 SF At 135 W 29th St In New York At $45/SF
135 W 29th St, New York, NY, 10001
$45
$45/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
A lease transaction has taken place for a property located at 135 W 29th St, New York, NY, 10001. The property has a total square footage of 1,200 and the rent per square foot is set at $45, making it a strategically positioned asset in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 135 W 29th St, New York, NY, 10001
- Market: New York
- Landlord: Mfm Properties Llc
- Landlord's Representative: Ilan Mosery - WJC REALTY INC.
- Rent/SF: 45
- Square Feet: 1200
The deal involved Mfm Properties Llc as the landlord, represented by Ilan Mosery from WJC Realty Inc. Their roles were critical in facilitating the lease transaction at the specified location within the competitive New York market.
On the Map
$45
$45/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93