Retail Lease Signed At 162 1st Avenue In New York City With Landlord Rosa Bruni And Tenant EV Market
162 1st Avenue, New York City, New York 10003, United States
$180
$180/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Jun 1, 2023
AI
The retail property located at 162 1st Avenue in New York City has been leased. The lease transaction was completed on 01/06/2023. The property is spread across 1,500 square feet. The landlord of the property is Rosa Bruni, and the tenant is EV Market. The asking rent for the property was $180 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $180/ft
Haz Aliessa from Tower Brokerage represented the landlord, Rosa Bruni, in the lease transaction. Claude Kolb from KSR represented the tenant, EV Market.
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
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93