Village Exotics Convenience Inc. Leases Retail Space In West Village For $195/ft
184 7th Ave S, Manhattan, New York, NY, USA
Building Size
265 SF
Asset Type
Retail
Closing
Sep 30, 2020
About this deal
AI
The retail property located at 184 7th Ave S in the West Village has been leased. The lease transaction was completed on 10/01/2020. The property, offered by Perry Roth of REX Realty Corp, features approximately 265 square feet of space. The tenant, Village Exotics Convenience Inc., will occupy the retail space.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 10/01/2020
- Address: 184 7th Ave S
- Market: West Village
- Asking Rent: $195 per square foot
Perry Roth of REX Realty Corp represented the landlord in this lease deal.
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