Sushi W Leases Retail Space In Carnegie Hill, NYC
1513 Lexington Ave
$115
$115/SF
Building Size
1,300 SF
Asset Type
Retail
Closing
Nov 15, 2022
About this deal
AI
A retail property located at 1513 Lexington Ave in the Carnegie Hill market has recently been leased. The tenant, Sushi W, has secured the space for their business. The lease was facilitated by John Roesch from Meridian Retail Leasing.
Summary of transaction details
- Property Type: Retail
- Address: 1513 Lexington Ave
- Market: Carnegie Hill
- Tenant: Sushi W
John Roesch, representing Meridian Retail Leasing, played a crucial role as the broker in this leasing transaction. The asking rent for the 1,300 square feet space was $115 per square foot.
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
137939.13%
Cash-on-Cash
-39423.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93