LEASEDRetail
GFP Real Estate Leases Retail Space On 247 W 37th St, New York
247 W 37th St, New York, NY, 10018
Building Size
4,371 SF
Asset Type
Retail
Closing
Jan 4, 2023
About this deal
AI
The retail property located at 247 W 37th St, New York, NY, 10018, in the New York market, spans 4,371 square feet. The landlord, GFP Real Estate, oversaw the lease transaction dated 01/04/2023.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Landlord: GFP Real Estate
- Landlord's Representative: Matthew Mandell (GFP Real Estate)
The lease deal at 247 W 37th St was facilitated by Matthew Mandell of GFP Real Estate, who represented the landlord in the transaction.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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