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
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