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230 Vesey St, New York, NY,...

Untuckit Leases 2370 Square Feet At 230 Vesey St New York With Tenant's Rep Jason Greenstone
LEASEDRetail

Untuckit Leases 2370 Square Feet At 230 Vesey St New York With Tenant's Rep Jason Greenstone

230 Vesey St, New York, NY, 10281

Building Size

2,370 SF

Asset Type

Retail

Closing

Oct 27, 2017

AI

The property involved in this lease transaction is located at 230 Vesey St, New York, NY, 10281. The space encompasses 2,370 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 230 Vesey St, New York, NY, 10281
  • Market: New York
  • Tenant: Untuckit
  • Landlord: Brookfield Property Partners
  • Tenant's Representative: Jason Greenstone - Cushman & Wakefield

This transaction brings together key players in the New York real estate market, with Jason Greenstone representing the tenant, Untuckit, while Brookfield Property Partners acts as the landlord in this lease agreement.

Players

Jason Greenstone

Cushman & Wakefield

Broker

11 deals

Broker
U
UntuckitTenant

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