LEASEDRetail
Indian Restaurant Leases Retail Space At 201 First Avenue In East Village
201 1st Avenue, New York, NY 10003
Building Size
2,450 SF
Asset Type
Retail
Closing
Jan 17, 2022
About this deal
AI
A retail space located at 201 First Avenue in the East Village has been leased. The property, with a total area of 2,450 square feet, was leased by an Indian Restaurant. The lease was facilitated by Greg Goldberg from Meridian Retail Leasing. The asking rent for the space was $177 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Date: 01/17/2022
- Address: 201 First Avenue
- Market: East Village
- Tenant: Indian Restaurant
- Broker: Greg Goldberg - Meridian Retail Leasing
- Asking Rent: $177/ft.
- Square Footage: 2,450
No additional information about the transaction is available.
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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