BrooklynGameLab Leases Retail Space In Tribeca At 119 Chambers Street
119 Chambers Street, Manhattan, New York, NY, USA
Building Size
3,213 SF
Asset Type
Retail
Closing
Nov 29, 2018
About this deal
AI
Located at 119 Chambers Street in Tribeca, this retail space was recently leased to Brooklyn Game Lab. The property, managed by Centurion Realty and represented by Harold Sutton, offers a total of 3,213 square feet. The leasing deal was facilitated by brokers Nicole Liebman from HUDSON and Harry Safter from JBA. The asking price for this retail space was set at $150 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft. (Asking Price)
- Date: 11/30/18
This lease transaction marks the collaboration between Brooklyn Game Lab as the tenant and Centurion Realty, represented by Harold Sutton, as the landlord. Nicole Liebman from HUDSON and Harry Safter from JBA acted as the brokers in this deal. With its prime location in Tribeca and spacious square footage, this retail space offers a promising opportunity for Brooklyn Game Lab to establish its presence in the area.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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