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237 West 35th Street

UNYA Thai Restaurant Leases Retail Space At 237 West 35th Street From David Eshaghian
LEASEDRetail

UNYA Thai Restaurant Leases Retail Space At 237 West 35th Street From David Eshaghian

237 West 35th Street

$74

$74/SF

Building Size

3,435 SF

Asset Type

Retail

Closing

Aug 22, 2024

AI

The property located at 237 West 35th Street, situated in the Midtown South market, is categorized as retail space. The asset has an asking rent of $100 per square foot and encompasses an area of 2,535 square feet.

Summary of transaction details:

The transaction involved key representatives including Raymond Mordekhai, who represented the landlord, and Noam Aziz, representing the tenant. Their roles were crucial in facilitating the lease agreement for UNYA Thai Restaurant at the specified location.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

246 deals

Broker

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

214364.86%

Cash-on-Cash

-61266.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93