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115 Wooster St, New York, N...

Bravissimo Leases 4475 Square Feet At 115 Wooster St New York From Wooster Street LLC
LEASEDRetail

Bravissimo Leases 4475 Square Feet At 115 Wooster St New York From Wooster Street LLC

115 Wooster St, New York, NY, 10012

Building Size

4,475 SF

Asset Type

Retail

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 115 Wooster St, New York, NY, 10012. It encompasses a total area of 4,475 square feet and is situated in the New York market.

Summary of transaction details:

This lease transaction showcases the collaboration between key representatives in the commercial real estate sector, with Amy Zhen and Brian Hirschfeld acting on behalf of the tenant, Bravissimo. The landlord is represented by Wooster Street, LLC, indicating a formal agreement between the parties involved in this transaction.

Players

Amy Zhen

Cushman & Wakefield

Broker

7 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93