JuicePress Signs Lease At 252 Mott Street In NoHo With Landlord Steve Croman
252 Mott Street, New York, NY, USA
Building Size
900 SF
Asset Type
Retail
Closing
May 17, 2020
About this deal
AI
The retail property at 252 Mott Street in NoHo has been leased. The tenant, JuicePress, has signed a lease agreement with the landlord, Steve Croman. The lease was facilitated by brokers James Famularo, Ben Biberaj, and Jake Wilcox from Meridian Retail Leasing. The asking rent for the space was $180 per square foot, with a total area of 900 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 252 Mott Street, NoHo
- Market: NoHo
- Tenant: JuicePress
- Landlord: Steve Croman
- Brokers: James Famularo, Ben Biberaj, and Jake Wilcox - Meridian Retail Leasing
- Asking Rent: $180 per square foot
- Area: 900 square feet
The leasing deal for the retail property at 252 Mott Street was successfully coordinated by James Famularo, Ben Biberaj, and Jake Wilcox from Meridian Retail Leasing. This transaction brings JuicePress as the new tenant, while Steve Croman assumes the role of the landlord.
Players
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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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93