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1693a Broadway, New York Ci...

Times Square Market Leases Retail Space At 1693A Broadway In Times Square
LEASEDRetail

Times Square Market Leases Retail Space At 1693A Broadway In Times Square

1693a Broadway, New York City, New York 10019, United States

Building Size

1,100 SF

Asset Type

Retail

Closing

Mar 6, 2022

AI

The retail property located at 1693A Broadway in Times Square was recently leased. The property, measuring 1,100 square feet, was leased by Times Square Market. The landlord in this transaction was Samuel Bar-Or. The asking rent for the space was $340 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 1693A Broadway
  • Market: Times Square

Ariel Baradarian from KSR served as the broker in this deal, representing the tenant, Times Square Market. The lease was signed at the full asking rent. For more information about the property or available spaces, interested parties can contact Ariel at 646-596-1884 or [email protected]. Please note that there are currently two vented restaurant and retail spaces still available in the building.

Players

Ariel Baradarian

Oxford Property Group

Broker

7 deals

Broker

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