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135 W 41st St, New York, NY...

Uncle Tetsu Leases 1000 Square Feet At 135 W 41st St Represented By Sumitomo Real Estate
LEASEDRetail

Uncle Tetsu Leases 1000 Square Feet At 135 W 41st St Represented By Sumitomo Real Estate

135 W 41st St, New York, NY, 10036

Building Size

1,000 SF

Asset Type

Retail

Closing

Jan 23, 2019

AI

The property involved in this lease transaction is located at 135 W 41st St, New York, NY, 10036. The total square footage of the leased space is 1,000 square feet. This transaction falls within the New York market.

Summary of transaction details:

The lease agreement involved Uncle Tetsu as the tenant, represented by Maki Yammoto and Hiroshi Nagata from Sumitomo Real Estate. Tribeca Associates acted as the landlord and was represented by Jp Sutro and Mark Kapnick from Lee & Associates.

Players

Jp Sutro

Lee & Associates

Broker

3 deals

Broker
TA
Tribeca AssociatesLandlord

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