Burger Village Leases Retail Space In Tribeca For $380,000/year
120 Church Street, New York City, New York 10007, United States
Building Size
3,800 SF
Asset Type
Retail
Closing
Dec 21, 2021
About this deal
AI
An lease transaction has been closed in Tribeca. The retail property, located at 120 Church St., was leased to Burger Village. The property spans 3,800 square feet. The lease was signed on 12/21/2021.
Summary of transaction details
- Property Type: Retail
- Address: 120 Church St.
- Market: Tribeca
- Tenant: Burger Village
- Tenant's Representative: Raj Whadwa - Global Realty Services
- Asking Rent: $100 per square foot
Ross Berkowitz from Newmark represented the landlord, David Bristricer, in the lease deal.
Traded’s record for 120 Church Street, New York City, New York 10007, United States in New York, New York covers a retail lease from 2021. Published size for 120 Church Street, New York City, New York 10007, United States is 3,800 square feet. Ross Berkowitz, Raj Whadwa, David Bistricer, Newmark appear on the lease alongside Newmark, Global Realty Services. This page is the New York, New York file for the 120 Church Street, New York City, New York 10007, United States retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 120 Church Street, New York City, New York 10007, United States around 2021. Cite this Burger Village Leases Retail Space In Tribeca For $380,000/year lease when underwriting similar retail product around New York, New York.
Players
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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