Jerk House Caribbean Restaurant Leases Retail Space At 132 East 56th Street - New York
132 East 56th Street
$140
$140/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Oct 14, 2022
About this deal
AI
The retail property located at 132 East 56th Street in New York has been leased.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 132 East 56th Street
- Market: New York
The tenant for this lease is Jerk House Caribbean Restaurant. The landlord's representatives for this deal are Jordan Raphan and Albert Halawani from KSR. On the other hand, Jackson Kogan and Robert Mulholland from Meridian Retail Leasing represent the tenant.
The asking rent for the lease is $140 per square foot, and the total square footage of the property is 1,200 square feet.
On the Map
$140
$140/SF
Retail
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Players
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
113307.14%
Cash-on-Cash
-32383.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93