Cutler Salon Signs Lease For 229 Hudson Street With Landlord Quandrum Global And Broker Nicole Liebman
229 Hudson Street, New York, NY 10013
Building Size
650 SF
Asset Type
Retail
Closing
Dec 9, 2018
About this deal
AI
Cutler Salon has leased space at 229 Hudson Street. The landlord, Quandrum Global, was represented by Nicole Liebman of Hudson Brokerage. The lease was signed on 12/10/2018.
Summary of transaction details
- Property Type: Lease
- Transaction Date: 12/10/2018
- Address: 229 Hudson Street
- Tenant: Cutler Salon
- Landlord: Quandrum Global
- Broker: Nicole Liebman of Hudson Brokerage
- Asking Price: $150 per square foot
- Square Footage: 650
Nicole Liebman of Hudson Brokerage represented the landlord, Quandrum Global, in the deal. Cutler Salon leased the space at 229 Hudson Street for a price of $150 per square foot, with a total area of 650 square feet.
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