Doggy Center Leases Retail Space At 220 Avenue B In East Village
220 Avenue B New York, NY 10009, USA
$125
$125/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Jun 1, 2023
About this deal
AI
The retail property located at 220 Avenue B in East Village has been leased. The property, measuring 2,500 square feet, was leased by the tenant, Doggy Center. The landlord in this transaction is David Ohebsahlom. The leasing deal was facilitated by brokers from KSR, namely Jordan Raphan and Michael Salzano.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 220 Avenue B
- Market: East Village
- Tenant: Doggy Center
- Landlord: David Ohebsahlom
- Brokers: Jordan Raphan & Michael Salzano (Msalzano212) - KSR
- Asking Rent: $125/ft
- SF: 2,500
In this lease transaction, Doggy Center has chosen to lease the retail space at 220 Avenue B, East Village. The deal was facilitated by Jordan Raphan and Michael Salzano from KSR brokerage firm.
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
126904.00%
Cash-on-Cash
-36269.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93