Legacy NYC Inc. Leases 8,000 SF Retail Space In Herald Square For $350/ft. - KSR Brokers Represent Ike Bibi, Sophia Gaines & David Green
1 West 34th Street
$350
$350/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
Aug 19, 2022
About this deal
AI
The retail space located at 1 West 34th Street in Herald Square has recently been leased. The property, measuring approximately 8,000 square feet, was leased to Legacy NYC Inc. The landlord of the space is Crown Acquisitions. The deal was facilitated by brokers from KSR, including Ike Bibi, Sophia Gaines, and David Green.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Asking Rent: $350/ft.
- Square Footage: 8,000
- Address: 1 West 34th Street
- Market: Herald Square
Ike Bibi, Sophia Gaines, and David Green from KSR represented Legacy NYC Inc. in the leasing deal.
On the Map
$350
$350/SF
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Sophia Gaines to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
45322.86%
Cash-on-Cash
-12953.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93