Top Drawer Signs Lease For Retail Space At 1165 Broadway In NoMad
1165 Broadway
$300
$300/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
May 1, 2023
About this deal
AI
The retail property located at 1165 Broadway in the NoMad neighborhood has been leased. The tenant, Top Drawer, has signed a lease agreement with the landlord, David Haddad. The lease deal was facilitated by the tenant's representatives, Rebecca Olshan and Robin Abrams, and the landlord's representatives, Carolina Aziz, Ike Bibi, and David Green of KSR. The property offers approximately 1,100 square feet of space.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Asking Rent: $300/ft
- Square Footage: 1,100
- Address: 1165 Broadway
- Market: NoMad
Carolina Aziz, Ike Bibi, David Green, Rebecca Olshan, and Robin Abrams were instrumental in finalizing the lease deal. This transaction demonstrates the successful collaboration between the tenant, Top Drawer, and the landlord, David Haddad, in securing a retail space in the vibrant NoMad market.
On the Map
$300
$300/SF
Retail
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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
52876.67%
Cash-on-Cash
-15112.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93