Peoples NYC Leases Retail Space At 113 West 13th Street In Greenwich Village, Manhattan
113 West 13th Street
$180
$180/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Sep 1, 2023
AI
A retail space located at 113 West 13th Street in Greenwich Village, Manhattan, has been leased. The landlord, Hildreth Real Estate Advisors, has entered into a lease agreement with the tenant, Peoples NYC. The property spans 1,800 square feet, and the asking rent was $180 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 113 West 13th Street
- Market: Greenwich Village, Manhattan
The landlord's representatives for this deal were Ben Biberaj and Elliot Wygoda from Meridian Capital Group. Meanwhile, Noah Jay from Compass served as the tenant's representative.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93