Friedman-Roth Realty Leases Retail Space At 101 Reade Street In New York City
101 Reade St New York, NY 10013, USA
$65
$65/SF
Building Size
4,600 SF
Asset Type
Retail
Closing
Jul 1, 2023
About this deal
AI
The retail property located at 101 Reade Street in New York City has recently been leased. The property, spanning 4,600 square feet, was listed by Richard Guarino from Friedman-Roth Realty. The lease was secured at an asking rent of $65 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Leased
- Size: 4,600 square feet
- Address: 101 Reade Street
- Market: New York City
- Broker: Richard Guarino - Friedman-Roth Realty
- Asking Rent: $65 per square foot
Richard Guarino from Friedman-Roth Realty played a crucial role in securing the lease for the retail property at 101 Reade Street in New York City. His expertise and negotiation skills facilitated the successful transaction.
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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93