Tribeca Pediatrics Leases Retail Space At 1019 Bedford Avenue In New York City
1019 Bedford Avenue
$30
Building Size
—
Asset Type
Retail
Closing
Feb 9, 2023
About this deal
AI
The retail property located at 1019 Bedford Avenue in New York City has been leased. The tenant for this space is Tribeca Pediatrics. The lease term is set for 10 years, and the size of the retail space is approximately 2,500 square feet. The asking rent for this property was $30 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 1019 Bedford Avenue, New York City
- Tenant: Tribeca Pediatrics
- Lease Term: 10 Years
- Size: 2,500 square feet
- Asking Rent: $30 per square foot
The deal was facilitated by Josh Augenbaum and Murray Mizrachi from Augenbaum Realty, serving as the brokers representing Tribeca Pediatrics in this lease transaction.
Players
Market 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
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93