Van Leeuwen Artisan Ice Cream Leases 500 Square Feet At 120 Macdougal St New York
120 Macdougal St, New York, NY, 10012
Building Size
500 SF
Asset Type
Retail
Closing
Dec 14, 2018
About this deal
AI
The lease property is located at 120 Macdougal St, New York, NY, 10012, within the New York market. It encompasses a total area of 500 square feet, facilitating the operations of the tenant.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Specified
- Tenant: Van Leeuwen Artisan Ice Cream
- Landlord: Kushner Companies
- Tenant's Representative: Jaime Schultz - Lee & Associates
- Landlord's Representative: Max Swerdloff
This transaction involves key representatives in the real estate sector, with Jaime Schultz representing the tenant, Van Leeuwen Artisan Ice Cream, and Max Swerdloff representing the landlord, Kushner Companies, showcasing the collaborative effort between both parties in securing the lease agreement.
On the Map
Retail
View full map
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