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201 Mulberry St, New York, ...

O.N.S Signs Lease For Retail Space At 201 Mulberry St, New York
LEASEDRetail

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:

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

Peter Weisman

Weisman NYC

Broker

$36.9M

vol

12 deals

Broker

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