Thatsodnyc Leases Retail Space At 180 Dyckman St, Manhattan For $85/ft
180 Dyckman Street
$85
$85/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Apr 24, 2024
AI
The retail property located at 180 Dyckman Street in Fort George, Manhattan, was recently leased to Thatsodnyc. The lease was facilitated by Jeremy Banilevi, Cory Zelnik, and Jason Turner of Zelnik & Company. The property, spanning 1,200 square feet, was leased under a Modified Gross Lease agreement with an asking rent of $85 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Specified
- Address: 180 Dyckman Street
- Market: Fort George, Manhattan
- Landlord: BLDG Management
- Tenant: Thatsodnyc
- Brokers: Jeremy Banilevi, Cory Zelnik, and Jason Turner - Zelnik & Company
- Asking Rent: $85/ft
- Lease Type: Modified Gross Lease
Jeremy Banilevi, Cory Zelnik, and Jason Turner from Zelnik & Company played pivotal roles as brokers in finalizing the lease agreement for the retail property at 180 Dyckman Street. BLDG Management served as the landlord in the transaction, while Thatsodnyc emerged as the new tenant for the space in Fort George, Manhattan.
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
186623.53%
Cash-on-Cash
-53337.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93