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:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 137 W 52nd St, New York, NY, 10019
- Market: New York
- Tenant: Bulldozer NYC
- Landlord: Okada & Company
- Tenant's Representative: Daniel DePasquale (Katz & Associates Real Estate Advisors)
- Landlord's Representatives: David Horowitz, Christopher (Chris) Okada (Okada & Company), David Khorshad, David Choi (Greysteel)
- Square Feet: 5,200
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
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93