OUJI Leases Retail Space In SoHo, 196 Prince Street
196 Prince St New York, NY 10012, USA
$90
$90/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
May 17, 2023
About this deal
AI
Roger Abi Zeid has leased a retail space in SoHo. The property, located at 196 Prince Street, spans 1,200 square feet. The lease was negotiated by Jack Hamadani of KSR on behalf of the tenant, OUJI. The asking rent for the space was $90 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 196 Prince Street
- Market: SoHo
- Tenant: OUJI
- Broker: Jack Hamadani - KSR
- Asking Rent: $90/ft
- Square Feet: 1,200
Jack Hamadani, representing KSR, facilitated the lease agreement for the retail space on behalf of tenant OUJI.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93