Chanson Patisserie Leases Retail Space On Upper West Side
2040a Broadway, New York City, New York 10023, United States
Building Size
1,100 SF
Asset Type
Retail
Closing
Mar 31, 2022
About this deal
AI
Chanson Patisserie, a retail establishment, has leased a space at 2040A Broadway on the Upper West Side. The property covers an area of 1,100 square feet. The deal was facilitated by brokers Carolina Aziz and David Green of KSR, who represented the tenant. The landlord, Fred Rosenberg, agreed to an asking rent of $275 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Leased
- Date: 04/01/2022
- Address: 2040A Broadway
- Market: Upper West Side
- Landlord: Fred Rosenberg
- Tenant: Chanson Patisserie
- Brokers: Carolina Aziz & David Green - KSR
- Asking Rent: $275/ft.
- Square Footage: 1,100
Carolina Aziz and David Green, representing KSR, successfully brokered the lease deal between Chanson Patisserie and landlord Fred Rosenberg. The agreement was reached on 04/01/2022.
Players
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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