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134 West Houston Street, Ne...

Updated Oct 28, 2024

New University Pen & Stationery Leases Retail Space In West Village
LEASEDRetail

New University Pen & Stationery Leases Retail Space In West Village

134 West Houston Street, New York City, New York 10012, United States

Building Size

2,214 SF

Asset Type

Retail

Closing

Aug 2, 2022

About this deal

AI

The retail property located at 134 W. Houston Street in the West Village of New York City has been leased. The transaction was finalized on 08/03/2022. The property, which spans 2,214 square feet, was listed for an asking rent of $130 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Address: 134 W. Houston Street
  • Market: West Village
  • Tenant: New University Pen & Stationery

Greg Goldberg, a representative from the Meridian Capital Group, facilitated the lease deal for the retail property located at 134 W. Houston Street. He acted on behalf of the tenant, New University Pen & Stationery.

Players

Greg Goldberg

Meridian Capital Group

Broker

$4.3M

vol

72 deals

Broker
NS
New University Pen & StationeryTenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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