110 Third Avenue Retail Space Leased By 110 One Stop Inc. In East Village
110 3rd Avenue, Manhattan, New York, NY, USA
Building Size
450 SF
Asset Type
Retail
Closing
Aug 25, 2021
About this deal
AI
The property at 110 Third Avenue in East Village has been leased. The retail space has an asking rent of $200 per square foot for a total of 450 square feet. The lease transaction was completed on August 25, 2021.
Summary of transaction details:
- Property Type: Retail
- Address: 110 Third Avenue, East Village
- Market: East Village
- Asking Rent: $200 per square foot
- Square Footage: 450
The tenant, 110 One Stop Inc., will occupy the leased space. The deal was facilitated by brokers Yoni Hadar, Isaac Bijou, and James Famularo from Meridian Retail Leasing.
On the Map
Retail
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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