100 West 72nd Street Associates, LLC Leases Retail Space In New York
244 Columbus Ave, New York, NY, 100...
$55
$55/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Apr 3, 2018
AI
The property at 244 Columbus Ave, New York, NY, 100... is a retail asset with 5000 square feet leased for $55 per square foot by 100 West 72nd Street Associates, LLC. Rafe Evans represented the landlord in this lease transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $55 per square foot
- Address: 244 Columbus Ave, New York, NY, 100...
- Market: New York
- Landlord: 100 West 72nd Street Associates, LLC
- Landlord's Rep: Rafe Evans
- Square Feet: 5000
The lease deal involving the retail property at 244 Columbus Ave was facilitated by Rafe Evans, who served as the landlord's representative in the transaction.
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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93