LEASEDRetail
Mario Gentile Leases Retail Space At 223 Avenue B In East Village With Broker Skyler Gironda - Friedman-Roth
223 Avenue B, New York City, New York 10009, United States
Building Size
800 SF
Asset Type
Retail
Closing
May 31, 2022
AI
The retail property located at 223 Avenue B in the East Village has been leased. The transaction was facilitated by Skyler Gironda of Friedman-Roth. The tenant for this space is Mario Gentile.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $90/ft. ~ SF: 800
- Market: East Village
- Lease Date: 06/01/2022
- Address: 223 Avenue B
Skyler Gironda from Friedman-Roth represented Mario Gentile in this lease deal.
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