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134 Broadway, Yonkers, NY 1...

Jarrett Sharp & Declan Devlin Broker Retail Deal In Williamsburg
LEASEDRetail

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

Declan Devlin

Broker

1 deal

Broker

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