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193 Avenue C New York 10009...

Updated Oct 29, 2024

LEASEDRetail

Moneef Alsaidi Leases Retail Space At 193 Avenue C In East Village, Manhattan

193 Avenue C New York 10009, United States

$59

$59/SF

Building Size

900 SF

Asset Type

Retail

Closing

Jul 26, 2023

About this deal

AI

The property involved in this lease transaction is located at 193 Avenue C in the East Village neighborhood of Manhattan. The asset is a retail space covering approximately 900 square feet. The deal, facilitated by brokers Zach Zachariadis and Anthony Zachariadis of TZM Realty Properties, was finalized on 07/26/2023.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $59.33/ft
  • Square Footage: 900
  • Address: 193 Avenue C
  • Market: East Village, Manhattan

Moneef Alsaidi is the tenant who secured the lease for this retail space. The deal was negotiated by Zach Zachariadis and Anthony Zachariadis, who acted as the tenant's representatives in the transaction. The rental rate agreed upon was $59.33 per square foot, totaling an annual rent of $53,397 for the 900 square foot space.

Players

Zach Zachariadis

Broker

$2.3M

vol

3 deals

Broker

Market Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $59 per square foot on a published $59 for 900 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

268864.41%

Cash-on-Cash

-76842.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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