Dainobu USA Leases Retail At 135 West 36th Street In Midtown South
135 West 36th Street
$100
$100/SF
Building Size
5,600 SF
Asset Type
Retail
Closing
Jul 2, 2024
AI
The retail space at 135 West 36th Street, located in Midtown South, has been leased to Dainobu USA. The property features a total square footage of 5,600 square feet with an asking rent of $100 per square foot under a Modified Gross Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 135 West 36th Street
- Market: Midtown South
- Landlord: Waitex Group
- Tenant: Dainobu USA
- Brokers: Avery Reavill, Alex Fleischman, Christopher Okada & Hiro Iwata - Okada & Company
The leasing transaction was facilitated by Avery Reavill, Alex Fleischman, Christopher Okada, and Hiro Iwata of Okada & Company. Okada & Co. expressed delight in announcing the successful leasing of the retail space to Dainobu USA.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93