KOBA Leases Retail Space At 136 William Street In FiDi With Landlord Ultimate Realty
136 William St New York, NY 10038, USA
$120
$120/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Jun 27, 2023
About this deal
AI
136 William Street, located in the FiDi market, has been leased by the tenant KOBA. The retail space, spanning 2,500 square feet, was secured by KOBA through the representation of David Green and David Sabbagh from KSR. The landlord, Ultimate Realty, facilitated the lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Asking Rent: $120/ft
- Square Footage: 2,500
- Address: 136 William Street
- Market: FiDi
David Green and David Sabbagh from KSR played a pivotal role in representing KOBA during the lease negotiation process. Their expertise in the market and strong negotiation skills contributed to the successful lease agreement between KOBA and Ultimate Realty for the retail space at 136 William Street.
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93