Brideside Bride Leases 3500 Square Feet At 20 E 20th St From Freed USA
20 E 20th St, New York, NY, 10003
Building Size
3,500 SF
Asset Type
Retail
Closing
Oct 2, 2019
About this deal
AI
This lease transaction involves a space of 3,500 square feet located at 20 E 20th St, New York, NY, 10003, within the New York market. The property is leased to Brideside Bride by Freed USA.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 20 E 20th St, New York, NY, 10003
- Square Feet: 3,500
- Tenant: Brideside Bride
- Landlord: Freed USA
- Tenant's Representative: Justin Fantasia - Newmark Knight Frank, Carly Geller - Newmark
- Landlord's Representative: Christian Stanton - Cushman & Wakefield
This lease transaction showcases the collaboration between various real estate professionals, including the tenant's representatives Justin Fantasia and Carly Geller from Newmark Knight Frank and Newmark, respectively, as well as the landlord's representative Christian Stanton from Cushman & Wakefield.
On the Map
Retail
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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