Thai Restaurant Leases Retail Space In West Village Manhattan For $111/ft
202 West 14th Street
$111
$111/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
May 8, 2024
About this deal
AI
The retail space located at 202 West 14th Street in the West Village, Manhattan, was leased to a Thai Restaurant. The lease transaction involved an asking rent of $111 per square foot for a 2,000 square foot area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Specified
- Tenant: Thai Restaurant
- Address: 202 West 14th Street
- Market: West Village, Manhattan
- Tenants' Reps: Noam Aziz & Samuel Mukamal - Meridian Capital Group
The representatives from the Meridian Capital Group, Noam Aziz, and Samuel Mukamal, facilitated the retail lease deal for the Thai Restaurant at the specified location in Manhattan's West Village.
On the Map
$111
$111/SF
Retail
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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
142909.91%
Cash-on-Cash
-40844.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93