facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

137 W 52nd St, New York, NY...

Bulldozer NYC Leases 5200 Square Feet At 137 W 52nd St With Landlord Okada & Company
LEASEDRetail

Bulldozer NYC Leases 5200 Square Feet At 137 W 52nd St With Landlord Okada & Company

137 W 52nd St, New York, NY, 10019

Building Size

5,200 SF

Asset Type

Retail

Closing

Mar 6, 2018

AI

The transaction involves a lease of 5,200 square feet of retail space located at 137 W 52nd St, New York, NY, 10019. The market for this property is New York, and it has been leased to Bulldozer NYC.

Summary of transaction details:

The lease for the retail space was brokered with Daniel DePasquale and Thomas Caliendo of Winick Realty Group representing the tenant, while the landlord was represented in-house by Christopher Okada, David Horowitz, and Francis Leung of Okada & Company.

Players

Christopher Okada

Okada & Company

Broker

$352.8M

vol

85 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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