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:
- Property Type: LEASE
- Transaction Amount: Not specified
- Tenant: Bravissimo
- Landlord: Wooster Street, LLC
- Tenant's Representatives: Amy Zhen (Cushman & Wakefield), Brian Hirschfeld (JLL)
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
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