LEASEDRetail
City Souvenirs On Broadway Leases Retail Space At 1369 Broadway In Herald Square, NYC
1369 Broadway, New York, NY, USA
Building Size
630 SF
Asset Type
Retail
Closing
Jun 14, 2021
AI
The retail property located at 1369 Broadway in Herald Square has recently been leased. The lease transaction took place on June 15, 2021.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $475/ft.
- Square Footage: 630
- Address: 1369 Broadway
- Market: Herald Square
The tenant for this leased property is City Souvenirs On Broadway 🗽, while the landlord is Josh Goldberg. The lease deal was facilitated by brokers Jeff Geoghegan and Jordan Raphan from Kassin Sabbagh Realty.
Players
Hewlett 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