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108 Wooster Street

Cinq A Sept Leases Retail Space At 108 Wooster Street In Soho
LEASEDRetail

Cinq A Sept Leases Retail Space At 108 Wooster Street In Soho

108 Wooster Street

$250

$250/SF

Building Size

2,200 SF

Asset Type

Retail

Closing

Nov 8, 2022

AI

The retail property located at 108 Wooster Street in Soho has been leased by Cinq a Sept. The property, spanning 2,200 square feet, is owned by 108 Wooster Street Corp and managed by Thomas Hinkley. The leasing transaction was facilitated by Christopher Owles and Sarah Shannon from Sinvin, who represented the landlord, and Brandon Singer and Max Kreinces from Retail By MONA, who represented the tenant. The lease was signed on 11/08/2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 108 Wooster Street
  • Market: Soho

Detailed information about the deal's key individuals and companies involved include Thomas Hinkley, the owner of 108 Wooster Street Corp, and the leasing representatives Christopher Owles, Sarah Shannon, Brandon Singer, and Max Kreinces.

Players

Brandon Singer

Retail By Mona

Broker

$84.3M

vol

59 deals

Broker

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

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93