LEASEDRetail
Empire State Realty Trust Leases Retail Space In New York To Tenant Richard Skulnick
10 Union Square E, New York, NY, 100...
Building Size
32,579 SF
Asset Type
Retail
Closing
Feb 6, 2020
AI
The retail property located at 10 Union Square E in New York, NY, spans 32,579 square feet and was leased on 02/06/2020. The landlord in this transaction was Empire State Realty Trust.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Tenant's Representative: Richard Skulnick
- Market: New York
Richard Skulnick served as the tenant's representative in this lease deal.
Players
Empire State Realty TrustLandlord
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