Preloved Luxury NYC Leases Retail Space At 192 Spring Street In New York City
192 Spring St New York, NY 10012, USA
Building Size
500 SF
Asset Type
Retail
Closing
Jun 2, 2023
About this deal
AI
A retail space located at 192 Spring Street in New York City has been leased in a recent transaction. The property, owned by CB Funding, will be occupied by Preloved Luxury NYC. The deal was facilitated by brokers James Famularo of Meridian Capital Group and Jonathan Goldberg & Samuel Riabkov of Metropolitan Property Group. The asking rent for the 500 square feet space was $240 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 192 Spring Street
- Market: New York City
In this lease agreement, CB Funding serves as the landlord, while Preloved Luxury NYC acts as the tenant. James Famularo from Meridian Capital Group and Jonathan Goldberg & Samuel Riabkov from Metropolitan Property Group represented the respective parties in the transaction.
On the Map
Retail
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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
66095.83%
Cash-on-Cash
-18890.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93