Aerial Arts NYC Leases Retail Space At 150 W 30th Street In Chelsea
150 West 30th Street, Manhattan, New York, NY, USA
Building Size
4,300 SF
Asset Type
Retail
Closing
Jan 13, 2021
AI
A retail property located at 150 W 30th Street in Chelsea was recently leased. The transaction took place on January 14, 2021. The property has a total square footage of 4,300 square feet. The asking rent for the space was $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 01/14/2021
- Address: 150 W 30th Street
- Market: Chelsea
- Asking Rent: $60/ft
- Square Footage: 4,300
The tenant for this retail space is Aerial Arts NYC, while the landlord is Asher Bernstein. The deal was facilitated by brokers Christina Combias and Sam Akleh from Voro NYC, as well as David Berger from Bernstein Real Estate.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93