All Stars Bar & Grill Leases Retail Space In Tribeca At 20 Murray St
20 Murray Street, New York City, New York 10007, United States
Building Size
4,000 SF
Asset Type
Retail
Closing
May 5, 2022
About this deal
AI
20 Murray St. in Tribeca has been leased out as a retail space. The tenant for this property is All Stars Bar & Grill. The deal was facilitated by brokers John Roesch and Kevin Bisconti from Meridian Retail Leasing. The property has an asking rent of $120 per square foot and spans 4,000 square feet.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Date: 05/06/2022
- Market: Tribeca
John Roesch and Kevin Bisconti from Meridian Retail Leasing played a crucial role in facilitating the lease deal for 20 Murray St. in Tribeca. They represented All Stars Bar & Grill in securing the property. The deal involved an asking rent of $120 per square foot for a 4,000 square foot space.
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