Le Basque Signs Lease For Retail Space At 15 Union Square West In New York
15 Union Square West
$150
$150/SF
Building Size
5,100 SF
Asset Type
Retail
Closing
Mar 13, 2025
About this deal
AI
The transaction involves a retail lease at 15 Union Square West located in New York. The property has a square footage of 5,100 and the rent per square foot is set at 150.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: 765,000
- Tenant: Le Basque
- Landlord: SRTS Ohio
- Date of Transaction: 03/13/2025
The lease agreement was executed between Le Basque, representing the tenant's interests in the retail space, and SRTS Ohio, acting as the landlord in this transaction.
On the Map
$150
$150/SF
Retail
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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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93