BDI 26 Signs Lease Agreement For 714 Square Feet At 10 W 46th St In New York
10 W 46th St, New York, NY, 10036
Building Size
714 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The lease property located at 10 W 46th St, New York, NY, 10036 comprises a total of 714 square feet. It is situated in the New York market and is owned by the landlord BDI 26.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 10 W 46th St, New York, NY, 10036
- Market: New York
- Square Feet: 714
- Landlord: BDI 26
- Tenant's Representative: Ioannis N. Kourtis - INK Commercial Real Estate
The transaction involves tenant's representative Ioannis N. Kourtis from INK Commercial Real Estate representing the interests of the tenant in this deal. BDI 26 maintains ownership of the property, ensuring the leasing process aligns with their management strategies.
On the Map
Retail
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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