LEASEDRetail
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
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.
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