Chosen Equities Leases 3220 Square Feet To Charles P. Rogers At 213 E 59th St New York
213 E 59th St, New York, NY, 10022
Building Size
3,220 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 213 E 59th St, New York, NY, 10022, within the New York market. The property encompasses a total area of 3,220 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Landlord: Chosen Equities
- Tenant: Charles P. Rogers
- Landlord's Representatives: Charles Rapuano, Jeremy Wintner - Winick Realty Group
This lease agreement features Charles P. Rogers as the tenant and Chosen Equities as the landlord, with representation from Charles Rapuano and Jeremy Wintner of Winick Realty Group acting on behalf of the landlord in this 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93