Jarrett Sharp & Declan Devlin Broker Retail Deal In Williamsburg
134 Broadway, Yonkers, NY 10701, USA
Building Size
4,000 SF
Asset Type
Retail
Closing
Sep 4, 2019
AI
The retail property located at 134 Broadway in Williamsburg has been involved in a recent closed transaction. The property spans across 4,000 square feet and was listed with an asking rent of $110. The deal was facilitated by brokers Jarrett Sharp and Declan Devlin of Murro Realty. The tenant for this retail space is John Wintermen, who operates under the name BâtardNY. The landlord in this transaction is Josh Caspi.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: Not mentioned in the CONTEXT
- Address: 134 Broadway
- Market: Williamsburg
- Tenant: John Wintermen - @BâtardNY
- Landlord: Josh Caspi
- Brokers: Jarrett Sharp, Declan Devlin - Murro Realty
- Asking Rent: $110
- Square Footage: 4,000 SF
In this deal, brokers Jarrett Sharp and Declan Devlin played a crucial role in connecting John Wintermen, operating as BâtardNY, with the property owner, Josh Caspi. Murro Realty represented the tenant and successfully negotiated the lease agreement for this retail space at 134 Broadway.
Players
City of Yonkers 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93