Zar Group Leases 1300 Square Feet To Oxido At 1450 Broadway New York For $350/SF
1450 Broadway, New York, NY, 10018
$350
$350/SF
Building Size
1,300 SF
Asset Type
Retail
Closing
Aug 1, 2018
About this deal
AI
The property involved in this transaction is located at 1450 Broadway, New York, NY, 10018. This lease transaction includes a rental rate of $350 per square foot for a total of 1,300 square feet. The market for this property is New York.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1450 Broadway, New York, NY, 10018
- Market: New York
- Landlord: Zar Group
- Tenant: Oxido
- Landlord's Representative: Jason Berkley - Winick Realty Group
- Rent/SF: $350
- Square Feet: 1,300
The deal involved Oxido as the tenant and Zar Group as the landlord. Jason Berkley from Winick Realty Group represented the landlord in this transaction.
On the Map
$350
$350/SF
Retail
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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
45322.86%
Cash-on-Cash
-12953.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93