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205 W 230th St, Bronx, NY 1...

Sammys Fashion Leases Retail Space In New York City At 205 West 230th Street
LEASEDRetail

Sammys Fashion Leases Retail Space In New York City At 205 West 230th Street

205 W 230th St, Bronx, NY 10463, USA

$55

$55/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

May 23, 2023

AI

The retail property located at 205 West 230th Street in New York City has been leased. The property, consisting of approximately 1,500 square feet, was leased by Sammys Fashion for a term of 10 years. The landlord in this transaction is Agus Holdings. The lease was facilitated by broker Adam Agus of Booth Street.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $55 per square foot
  • Lease Term: 10 years
  • Address: 205 West 230th Street, New York City
  • Tenant: Sammys Fashion
  • Landlord: Agus Holdings
  • Broker: Adam Agus - Booth Street

Adam Agus of Booth Street represented both the landlord, Agus Holdings, and the tenant, Sammys Fashion, in this lease transaction.

Players

Adam Agus

Booth Street

Broker

$11.1M

vol

11 deals

Broker
H
HoldingsLandlord

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

288418.18%

Cash-on-Cash

-82430.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93