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
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