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
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