B & B Bagels Leases Retail Space At 1201 2nd Avenue From Carlyle Cam - Regency Towers
1201 2nd Avenue
$225
$225/SF
Building Size
2,150 SF
Asset Type
Retail
Closing
Jul 15, 2024
About this deal
AI
The asset involved in the transaction is a retail space located at 1201 2nd Avenue in the Upper East Side market. The property comprises 2,150 square feet and has an asking rent of $225 per foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $225/ft
- Square Footage: 2,150
- Address: 1201 2nd Avenue
- Market: Upper East Side
- Lease Type: Retail Lease
- Landlord: Carlyle Cam - Regency Towers
- Tenant: B & B Bagels
- Broker: Nathan Aballi - KSR
The deal features notable individuals and companies, including Nathan Aballi representing KSR as the broker for the transaction, illustrating the involvement of key players in facilitating the lease agreement between Carlyle Cam of Regency Towers and B & B Bagels.
On the Map
$225
$225/SF
Retail
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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
70502.22%
Cash-on-Cash
-20149.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93