Erika Bloom Leases Retail Space At 104 Franklin St, New York, NY
104 Franklin St, New York, NY, 10013
Building Size
2,574 SF
Asset Type
Retail
Closing
Sep 23, 2021
About this deal
AI
The retail property located at 104 Franklin St, New York, NY, 10013, boasts 2574 square feet of space. The lease transaction for this asset was finalized on September 23, 2021, in the bustling New York market. Erika Bloom secured the tenancy with the representation of Michelle Ball from Rudd Realty Management.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Tenant: Erika Bloom
- Tenant's Rep: Michelle Ball (Rudd Realty Management)
- Address: 104 Franklin St, New York, NY, 10013
- Market: New York
- Square Feet: 2574
The landlord involved in the lease transaction remains unknown, while Erika Bloom, the tenant, partnered with Michelle Ball from Rudd Realty Management to secure the retail space. This deal highlights the cooperation between Erika and Michelle in finalizing the lease agreement, adding another successful transaction to their portfolios.
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