facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

113 West 13th Street

Peoples NYC Leases Retail Space At 113 West 13th Street In Greenwich Village, Manhattan
LEASEDRetail

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

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

192 deals

Broker
Hildreth Real Estate Advisors
Hildreth Real Estate AdvisorsLandlord

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