Triplemint Real Estate Leases Retail Space At 151 Mamaroneck Avenue In Westchester County
151 Mamaroneck Avenue, White Plains, NY 10601
Building Size
2,800 SF
Asset Type
Retail
Closing
May 17, 2020
About this deal
AI
Triplemint Real Estate, represented by Philip Lang, has leased a retail space located at 151 Mamaroneck Avenue in Westchester County. The landlord, Palladium Management, represented by David Roth, facilitated the lease transaction. The deal was brokered by Lisa Daniel from RIPCO Real Estate.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $45/ft
- Square Footage: 2,800
This lease transaction took place on May 17, 2021. The retail space at 151 Mamaroneck Avenue offers approximately 2,800 square feet of space and was leased by Triplemint Real Estate, with Philip Lang as their representative. Palladium Management, represented by David Roth, served as the landlord. The lease was brokered by Lisa Daniel from RIPCO Real Estate.
On the Map
Retail
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City of White Plains 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