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
About this deal
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.
On the Map
Retail
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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