facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

2 Gold Street

Mind Body Soul Children's Care Leases Retail Space At 2 Gold Street In FiDi With Tenant's Rep David Green & Ori Melloul - KSR
LEASEDRetail

Mind Body Soul Children's Care Leases Retail Space At 2 Gold Street In FiDi With Tenant's Rep David Green & Ori Melloul - KSR

2 Gold Street

$65

$65/SF

Building Size

14,837 SF

Asset Type

Retail

Closing

Oct 17, 2022

AI

Located in the heart of FiDi, the retail property at 2 Gold Street has recently been leased. The tenant, Mind Body Soul Children's Care, will occupy the space, entering into an agreement with the landlord, TF Cornerstone. The lease transaction was facilitated by the tenant's representatives, David Green and Ori Melloul from KSR, with the support of the landlord's reps, Daniyel Cohen and Spencer Planit from Winick Realty Group. The asking rent for the 14,837 square foot space was set at $65 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Tenant: Mind Body Soul Children's Care
  • Landlord: TF Cornerstone
  • Landlord's Rep: Daniyel Cohen & Spencer Planit - Winick Realty Group
  • Tenant's Rep: David Green & Ori Melloul - KSR
  • Asking Rent: $65/ft.
  • Square Footage: 14,837

The lease agreement at 2 Gold Street brings Mind Body Soul Children's Care to the FiDi market. The tenant's representatives, David Green and Ori Melloul from KSR, worked alongside the landlord's reps, Daniyel Cohen and Spencer Planit from Winick Realty Group, to finalize the deal. The terms of the lease, including the duration and any additional conditions, were not disclosed in the provided information.

Players

David Green

Kassin Sabbagh Realty

Broker

$447M

vol

176 deals

Broker
TF Cornerstone
TF CornerstoneLender
TF Cornerstone
TF CornerstoneLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93