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146 Spring St, New York, NY...

Jack Vartanian Leases 1200 SF At 146 Spring St New York From The Conte Family
LEASEDRetail

Jack Vartanian Leases 1200 SF At 146 Spring St New York From The Conte Family

146 Spring St, New York, NY, 10012

$550

$550/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Jul 20, 2018

AI

The property involved in this lease transaction is located at 146 Spring St, New York, NY, 10012. It is situated in the New York market and encompasses a total area of 1,200 square feet with a rent amount of $550 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not provided
  • Address: 146 Spring St, New York, NY, 10012
  • Market: New York
  • Landlord: The Conte Family
  • Tenant: Jack Vartanian
  • Landlord's Representative: Joel Isaacs
  • Square Feet: 1200
  • Rent/SF: 550

This transaction features key individuals such as Jack Vartanian as the tenant and Joel Isaacs representing the landlord, The Conte Family. Their involvement in the deal highlights the roles played by each party in the leasing process.

Players

Joel Isaacs

Broker

5 deals

Broker

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

28841.82%

Cash-on-Cash

-8243.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93