Updated Oct 29, 2024
Kossar’s Bagels & Bialys Leases 1200 Square Feet At 534 W 30th St In New York
534 W 30th St, New York, NY, 10001
Building Size
1,200 SF
Asset Type
Parking Lot
Closing
Jun 9, 2021
About this deal
AI
The property located at 534 W 30th St, New York, NY, 10001, spans 1200 square feet and is situated in the New York market. The transaction involved a lease agreement between Douglaston Development as the landlord and Kossar’s Bagels & Bialys as the tenant.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 534 W 30th St, New York, NY, 10001
- Market: New York
- Landlord's Representative: Joshua "Josh" Young (Newmark)
- Tenant: Kossar’s Bagels & Bialys
- Landlord: Douglaston Development
- Square Feet: 1200
The key individuals involved in the transaction include Joshua "Josh" Young, representing Newmark, who acted on behalf of Douglaston Development. The tenant, Kossar’s Bagels & Bialys, is moving into the leased space under this agreement.
Players
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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