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1145 Broadway

Updated Dec 4, 2024

Retail Space Leased At 1145 Broadway In NoMad For $320/ft
LEASEDRetail

Retail Space Leased At 1145 Broadway In NoMad For $320/ft

1145 Broadway

$320

$320/SF

Building Size

1,400 SF

Asset Type

Retail

Closing

Sep 1, 2024

About this deal

AI

The property involved in this transaction is located at 1145 Broadway, situated in the NoMad market. It is a retail asset with a lease type designated as a Retail Lease. The asking rent for this space is $320 per square foot, with the total square footage being 1,400.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $320/ft
  • Square Footage: 1,400
  • Address: 1145 Broadway
  • Market: NoMad
  • Tenant: Skinny Louie
  • Landlord's Representative: Steven Politis
  • Brokers: Carolina Aziz, Maddy Soffer, and Ike Bibi - KSR

In this transaction, the tenant Skinny Louie has secured a lease for the retail space. The involvement of brokers Carolina Aziz, Maddy Soffer, and Ike Bibi from KSR plays a crucial role in facilitating the deal. Additionally, any inquiries regarding new location opportunities can be directed to the brokers’ email addresses: [email protected], [email protected], and [email protected].

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

126 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $320 per square foot on a published $320 for 1,400 square feet (2024).

Visit Madeleine "Maddy" Soffer to view all their deals.

Browse New York retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

49571.88%

Cash-on-Cash

-14167.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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