Tribeca Olive Branch Leases Retail Space At 146 Chambers Street In Tribeca With Landlord's Rep Andrew Stern - Newmark, & Tenant's Rep Sarkie Ampim - Batra Group
146 Chambers St New York, Ny 10007, Usa
$200
$200/SF
Building Size
3,100 SF
Asset Type
Retail
Closing
Jun 1, 2023
AI
The retail property located at 146 Chambers Street in Tribeca has been leased. The property spans a total of 3,100 square feet and was leased for an asking rent of $200 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 146 Chambers Street
- Market: Tribeca
Jeff Gerson is the landlord of the property, while the tenant is Tribeca Olive Branch. Andrew Stern from Newmark represented the landlord, and Sarkie Ampim from Batra Group represented the tenant in the lease transaction.
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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93