Upright Citizen's Brigade Leases Retail Space At 239 East 14th Street In Gramercy Park
239 E 14th St New York, NY 10003, USA
$141
$141/SF
Building Size
3,410 SF
Asset Type
Retail
Closing
Aug 31, 2023
About this deal
AI
The retail property located at 239 East 14th Street in Gramercy Park, Manhattan, has been leased. The property, spanning 3,410 square feet, was leased by Upright Citizen's Brigade. The landlord for this transaction is Larry Huttman.
Summary of transaction details
- Property Type: Retail
- Address: 239 East 14th Street
- Market: Gramercy Park, Manhattan
- Tenant: Upright Citizen's Brigade
- Landlord's Representative: Greg Goldberg - Meridian Capital Group
- Tenant's Representative: Cameron Tuttle - Denham Wolf Real Estate Services
- Asking Rent: $141 per square foot
- Square Footage: 3,410
Greg Goldberg from Meridian Capital Group represented the landlord, Larry Huttman, in this lease. Cameron Tuttle from Denham Wolf Real Estate Services represented Upright Citizen's Brigade as their tenant representative. The lease was signed at an asking rent rate of $141 per square foot.
On the Map
$141
$141/SF
Retail
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Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
112503.55%
Cash-on-Cash
-32153.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93