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10 Astor Place, New York, N...

Raising Cane’s Chicken Fingers Leases 4358 Square Feet At 10 Astor Place New York
LEASEDRetail

Raising Cane’s Chicken Fingers Leases 4358 Square Feet At 10 Astor Place New York

10 Astor Place, New York, NY, 10003

Building Size

4,358 SF

Asset Type

Retail

Closing

Apr 6, 2022

AI

The property involved in this transaction is located at 10 Astor Place, New York, NY, 10003. It consists of 4,358 square feet of space situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 10 Astor Place, New York, NY, 10003
  • Market: New York
  • Tenant: Raising Cane’s Chicken Fingers
  • Landlord: GFP Real Estate
  • Tenant's Representative: Corey Zolcinski, Erin Grace-JLL
  • Broker: Donna Vogel

This lease transaction features Raising Cane’s Chicken Fingers as the tenant, with representation from Corey Zolcinski and Erin Grace of JLL. GFP Real Estate is the landlord in this deal, while Donna Vogel acted as the broker facilitating the transaction.

Players

Donna Vogel

Broker

3 deals

Broker
GFP Real Estate
GFP Real EstateLandlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93