Bifrost Games LLC Leases Retail Space At 123 East 27th Street In New York
123 East 27th Street
$84
$84/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Sep 22, 2022
About this deal
AI
The retail property located at 123 East 27th Street in New York has recently been leased. The asset, measuring 1,500 square feet, was leased by Bifrost Games LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 123 East 27th Street
- Market: New York
- Tenant: Bifrost Games LLC
- Tenant's Rep: Garrett Kelly & Solomon Ishak - Meridian Retail Leasing
- Landlord's Rep: John Roesch & Kevin Bisconti - Meridian Retail Leasing
The tenant, Bifrost Games LLC, was represented by Garrett Kelly and Solomon Ishak from Meridian Retail Leasing. On the other hand, John Roesch and Kevin Bisconti, also from Meridian Retail Leasing, represented the landlord. The leasing deal had an asking rent of $84 per square foot.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
188845.24%
Cash-on-Cash
-53972.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93