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
About this deal
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.
Traded’s record for 10 Union Square E, New York, NY, 100... in New York, New York covers a retail lease from 2020. The building is 32,579 square feet, implying about 0 per square foot on the published price. Richard Skulnick, Empire State Realty Trust appear on the lease alongside Empire State Realty Trust. This page is the New York, New York file for the 10 Union Square E, New York, NY, 100... retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 10 Union Square E, New York, NY, 100... around 2020. Cite this Empire State Realty Trust Leases Retail Space In New York To Tenant Richard Skulnick lease when underwriting similar retail product around New York, New York.
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