Hook & Reel Leases Retail Space At 200 E 161st St, Bronx, NY
200 E 161st St, Bronx, NY, 10451
Building Size
5,656 SF
Asset Type
Retail
Closing
Oct 30, 2020
About this deal
AI
The asset involved in the transaction is a retail property located at 200 E 161st St, Bronx, NY, 10451. This property encompasses a total area of 5,656 square feet situated within the Bronx market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 200 E 161st St, Bronx, NY, 10451
- Square Feet: 5,656
- Landlord: The Feil Organization
- Tenant: Hook & Reel
- Landlord's Representative: Nicholas "Nick" Dries - The Feil Organization
This transaction showcases the leasing agreement where Hook & Reel takes occupancy of the retail space under the terms established with The Feil Organization, represented by Nicholas "Nick" Dries.
On the Map
Retail
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Players
Bronx 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93