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
About this deal
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.
Traded’s record for 1369 Broadway, New York, NY, USA in Hewlett, New York covers a retail lease from 2021. Published size for 1369 Broadway, New York, NY, USA is 630 square feet. Jordan Raphan, Jeff Geoghegan, Josh Goldberg, Kassin Sabbagh Realty appear on the lease alongside Kassin Sabbagh Realty. This page is the Hewlett, New York file for the 1369 Broadway, New York, NY, USA retail leased: pricing, party profiles, and other closed retail comps from the same Hewlett sit in the Market section below. Filter that Hewlett retail set by closing date to see what else leased near 1369 Broadway, New York, NY, USA around 2021. Cite this City Souvenirs On Broadway Leases Retail Space At 1369 Broadway In Herald Square, NYC lease when underwriting similar retail product around Hewlett, New York.
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