O.N.S Signs Lease For Retail Space At 201 Mulberry St, New York
201 Mulberry St, New York, NY, 10012
Building Size
4,500 SF
Asset Type
Retail
Closing
Apr 12, 2019
AI
The property at 201 Mulberry St, New York, NY, 10012, a retail asset, was involved in a lease transaction on 04/12/2019. The space consists of 4500 square feet and was leased by O.N.S. The landlord, Mulberry Commercial LLC, was represented by Margie Sarway from Sinvin Real Estate.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Tenants's Rep: Peter Weisman
- Landlord's Rep: Margie Sarway (Sinvin Real Estate)
- Brokers: Margie Sarway (Sinvin Real Estate)
Peter Weisman acted as the tenant's representative in the lease deal for the retail space located at 201 Mulberry St. in New York. Margie Sarway, from Sinvin Real Estate, not only represented the landlord but also served as a broker in the transaction.
Players
New York 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