NY Pilates Leases 8911 SF Retail Space At 201 East 86th Street From Nuveen Real Estate
201 East 86th Street
$100
$100/SF
Building Size
8,911 SF
Asset Type
Retail
Closing
Mar 25, 2025
AI
The property asset involved in this transaction is a retail space located at 201 East 86th Street in New York City. The leased area encompasses a total of 8,911 square feet with a rental rate of $100 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 201 East 86th Street
- Market: New York City
- Landlord: Nuveen Real Estate
- Tenant: NY Pilates
- Brokers: Jason Pruger (Newmark), Jason Stein (Newmark), Michael Paster (Newmark), Benjamin Birnbaum (Newmark), Ariel Schuster (Newmark)
The deal includes representation by multiple brokers from Newmark, highlighting the involvement of Jason Pruger, Jason Stein, Michael Paster, Benjamin Birnbaum, and Ariel Schuster in facilitating the lease for the tenant NY Pilates from landlord Nuveen Real Estate.
Players
Brooklyn 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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93