PR Studios Leases Retail Space At 208 West 30th Street In Midtown, NYC
208 West 30th Street, New York, NY 10001
Building Size
3,500 SF
Asset Type
Retail
Closing
Oct 15, 2021
About this deal
AI
PR Studios has signed a lease at 208 West 30th Street in Midtown. The retail space, located on the 9th floor, spans 3,500 square feet. The deal was facilitated by brokers Greg Goldberg and James Famularo of Meridian Retail Leasing.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $41 per square foot
- Address: 208 West 30th Street
- Market: Midtown
The landlord of the property is Slavik Gofman. PR Studios, represented by Greg Goldberg and James Famularo, signed the lease. The transaction was completed on October 15, 2021.
On the Map
Retail
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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