Brookfield Property Partners Leases Retail Space At 230 Vesey St, New York
230 Vesey St, New York, NY, 10080
Building Size
2,003 SF
Asset Type
Retail
Closing
Jun 20, 2019
About this deal
AI
The retail property located at 230 Vesey St, New York, NY, 10080, in the market of New York, spans a total of 2003 square feet. The landlord of this asset is Brookfield Property Partners. The lease for this property was executed on June 20, 2019.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Address: 230 Vesey St, New York, NY, 10080
- Market: New York
- Landlord: Brookfield Property Partners
- Square Feet: 2003
- Landlord's Representative: Mark Kostic(brookfield-properties'>Brookfield Properties), Michael Goldban()
The lease transaction at 230 Vesey St involved the landlord's representatives, Mark Kostic from brookfield-properties'>Brookfield Properties, and Michael Goldban. These individuals played crucial roles in facilitating the deal between the tenant and Brookfield Property Partners.
On the Map
Retail
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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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93