facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

129 West 52nd St

Osteria La Baia Leases 5,200 Square Feet Retail Space At 129 West 52nd St New York
LEASEDRetail

Osteria La Baia Leases 5,200 Square Feet Retail Space At 129 West 52nd St New York

129 West 52nd St

Building Size

5,200 SF

Asset Type

Retail

Closing

Jan 1, 2018

AI

The property asset involved in this transaction is a retail space located at 129 West 52nd St, New York. The total square footage of the space is 5,200.0 square feet, leased by Osteria La Baia, and the landlord is Okada & Company.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 129 West 52nd St
  • Market: New York
  • Tenant: Osteria La Baia
  • Landlord: Okada & Company
  • Brokers: Thomas Caliendo (Tide Realty Group), Daniel D. DePasquale
  • Lease Date: 01/01/2018

The key individuals involved in the transaction include Thomas Caliendo from Tide Realty Group, representing the landlord, and Daniel D. DePasquale. They played pivotal roles in facilitating this lease agreement.

Players

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

47 deals

Broker
OC
Okada & CompanyLandlord
OB
Osteria La BaiaTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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