Ol’Days Coffee Leases Retail Space At 1165 Broadway In NoMad With Brokers Carolina Aziz, Ike Bibi & David Green - KSR
1165 Broadway, New York City, New York 10001, United States
Building Size
1,100 SF
Asset Type
Retail
Closing
Mar 14, 2022
AI
The retail property located at 1165 Broadway in NoMad has been leased. The lease transaction was finalized on 03/15/2022. The property spans approximately 1,600 square feet and was listed with an asking rent of $275 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 03/15/2022
- Address: 1165 Broadway
- Market: NoMad
- Asking Rent: $275/ft.
- Square Footage: 1,600
The landlord for this property is David Haddad, while Ol’Days Coffee is the tenant. The lease deal was facilitated by the brokers Carolina Aziz, Ike Bibi, and David Green from KSR.
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