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17 W 125th St, New York, NY...

Insomnia Cookies Leases 1300 Square Feet At 17 W 125th St New York From Thor Equities
LEASEDRetail

Insomnia Cookies Leases 1300 Square Feet At 17 W 125th St New York From Thor Equities

17 W 125th St, New York, NY, 10027

Building Size

1,300 SF

Asset Type

Retail

Closing

Dec 4, 2018

AI

The property asset involved in this transaction is a lease located at 17 W 125th St, New York, NY, 10027. It encompasses a total of 1,300 square feet in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 17 W 125th St, New York, NY, 10027
  • Square Feet: 1,300
  • Tenant: Insomnia Cookies
  • Landlord: Thor Equities
  • Tenant's Representative: Jansen Hafen, Jay Gilbert
  • Landlord's Representative: Kim Leone - Thor Equities

The transaction involves Insomnia Cookies as the tenant and Thor Equities as the landlord, with Jansen Hafen and Jay Gilbert representing the tenant's interests. The landlord's representation was provided by Kim Leone from Thor Equities.

Players

Jay Gilbert

Broker

$55.2M

vol

6 deals

Broker
Thor Equities
Thor EquitiesLandlord

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