facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

205 Bleecker St, New York, ...

Infinity Real Estate Leases Retail Space To Le Pain Quotidien On Bleecker St
LEASEDRetail

Infinity Real Estate Leases Retail Space To Le Pain Quotidien On Bleecker St

205 Bleecker St, New York, NY, 10012

$275

$275/SF

Building Size

2,969 SF

Asset Type

Retail

Closing

Jun 24, 2016

AI

The property at 205 Bleecker St, New York, NY, 10012 is a retail asset with a total square footage of 2969. The lease was finalized on 06/24/2016, with Le Pain Quotidien as the tenant and Infinity Real Estate as the landlord. The rent per square foot for this transaction was $275, in the vibrant market of New York.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Tenant: Le Pain Quotidien
  • Landlord: Infinity Real Estate
  • Tenant's Rep: Marc Frankel (Newmark)
  • Landlord's Rep: Ross Berkowitz (Newmark)

Marc Frankel from Newmark represented Le Pain Quotidien as the tenant's representative in this deal, while Ross Berkowitz, also from Newmark, acted as the landlord's representative, facilitating the successful lease agreement for this retail space.

Players

Marc Frankel

Newmark

Broker

12 deals

Broker
IE
Infinity Real EstateLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

57683.64%

Cash-on-Cash

-16486.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93