Dramatics Spa Leases 1,650 Sq Ft Retail Space On Upper West Side NYC
2146 Broadway, Manhattan, New York, NY, USA
Building Size
1,650 SF
Asset Type
Retail
Closing
Nov 22, 2020
About this deal
AI
Located in the Upper West Side market, the retail property at 2146 Broadway has recently been leased. The transaction took place on November 23, 2020.
Summary of transaction details
- Property Type: Retail
- Address: 2146 Broadway
- Market: Upper West Side
The tenant, Dramatics Spa, has secured the lease for the property. The landlord, Jonathan and Aaron Sirulnick, facilitated the transaction. Philip Katz from Katz NYC represented the tenant during the deal.
The asking rent for the 1,650 square-foot space was $220 per square foot.
On the Map
Retail
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Players
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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