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176 Woodward Avenue

CRGE Fitness Center Leases Retail Space At 176 Woodward Avenue In Ridgewood For $35/ft
LEASEDRetail

CRGE Fitness Center Leases Retail Space At 176 Woodward Avenue In Ridgewood For $35/ft

176 Woodward Avenue

$35

$35/SF

Building Size

3,320 SF

Asset Type

Retail

Closing

Feb 28, 2025

AI

The property asset involved in this transaction is a retail lease located at 176 Woodward Avenue in the Ridgewood market. The asking rent for this space is $35 per square foot, totaling 3,320 square feet.

Summary of transaction details:

Titan Group New York represented both the landlord and the tenant in this transaction, showcasing their expertise in commercial and residential leasing. For landlords looking to lease vacant units, they offer guidance through the leasing process.

Players

Adam Lavian

Titan Group New York

Broker

58 deals

Broker

Ridgewood 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

453228.57%

Cash-on-Cash

-129534.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93