Dunkin Leases 1,200 SF Retail Space At 176 Broadway In Financial District
176 Broadway, New York City, New York 10038, United States
Building Size
3,128 SF
Asset Type
Retail
Closing
May 4, 2022
About this deal
AI
The retail space located at 176 Broadway in the Financial District has been leased. The property, measuring 1,200 square feet, was leased by Dunkin. The landlord, Gold Street Properties, agreed to a deal with a leasing rate of $180 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Date: 05/05/2022
- Address: 176 Broadway
- Market: Financial District
Ben Biberaj and Elliot Wygoda from Meridian Retail Leasing represented both parties in the lease transaction.
Traded’s record for 176 Broadway, New York City, New York 10038, United States in New York, New York covers a retail lease from 2022. Published size for 176 Broadway, New York City, New York 10038, United States is 3,128 square feet. Gary Trock, Zach Parisi, Elliot Wygoda, Ben Biberaj appear on the lease alongside CBRE, Meridian Capital Group, Dunkin' Donuts. This page is the New York, New York file for the 176 Broadway, New York City, New York 10038, United States retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 176 Broadway, New York City, New York 10038, United States around 2022. Cite this Dunkin Leases 1,200 SF Retail Space At 176 Broadway In Financial District lease when underwriting similar retail product around New York, New York.
Players
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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