Village Square Pizza Leases Retail Space In New York's West 35th Street With Brokers Damian Meehan & John Akleh - $117/ft
147 West 35th Street
$117
$117/SF
Building Size
1,018 SF
Asset Type
Retail
Closing
Feb 16, 2023
AI
Located at 147 West 35th Street in New York, the recently leased retail property is an exciting addition to the market. The asset, spanning approximately 1,018 square feet, will now be occupied by Village Square Pizza.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 147 West 35th Street
- Market: New York
- Tenant: Village Square Pizza
- Brokers: Damian Meehan - Meridian Capital Group & John Akleh - Sido New York Real Estate
- Asking Rent: $117 per square foot
- Square Footage: 1,018
Damian Meehan from Meridian Capital Group and John Akleh from Sido New York Real Estate facilitated the leasing transaction for Village Square Pizza. Their expertise and professional representation ensured a successful agreement for both parties involved.
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
135581.20%
Cash-on-Cash
-38749.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93