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119 Chambers Street, Manhat...

Updated Oct 29, 2024

BrooklynGameLab Leases Retail Space In Tribeca At 119 Chambers Street
LEASEDRetail

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

Nicole Liebman

Broker

5 deals

Broker
CR
Centurion RealtyLandlord

New York Retail Market Snapshot

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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

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