Y7 Studio Leases 2000 Square Feet At 250 E Houston St New York Represented By Jeremy Aidan
250 E Houston St, New York, NY, 10002
$200
$200/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Apr 25, 2018
About this deal
AI
The property involved in this lease transaction is located at 250 E Houston St, New York, NY, 10002. It has a total square footage of 2,000 and the rent per square foot is priced at $200. The lease pertains to the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 250 E Houston St, New York, NY, 10002
- Market: New York
- Tenant: Y7 Studio
- Landlord: The Dermot Co
- Tenant's Rep: Jeremy Aidan
- Landlord's Rep: Jeremy Modest - Ripco
- Square Feet: 2000
- Rent/SF: 200
Key representatives in this transaction include Jeremy Aidan, who represents the tenant, Y7 Studio, and Jeremy Modest from Ripco, who represents the landlord, The Dermot Co. Their involvement highlights the professional brokerage services assisting both the tenant and the landlord in this lease agreement.
On the Map
$200
$200/SF
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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93