Abraham Talassazan Of Eretz Group Leases Retail Space To Indian Restaurant In Garment District
252 West 37th Street
$1
$1/SF
Building Size
9,400 SF
Asset Type
Retail
Closing
Oct 1, 2024
About this deal
AI
The property asset involved in the transaction is located at 252 West 37th Street, situated in the Garment District. The asset type is retail, comprising a total square footage of 9,400.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 252 West 37th Street
- Market: Garment District
- Landlord: Abraham Talassazan - Eretz Group
- Tenant: Indian Restaurant
- Broker: Abe Smouha - RJBRE
- Lease Type: Retail Lease
The broker representing this lease transaction is Abe Smouha from RJBRE. The landlord involved is Abraham Talassazan, who represents the Eretz Group. For leasing inquiries, please contact Abe Smouha at [email protected].
On the Map
$1
$1/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
15863000.00%
Cash-on-Cash
-4533694.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93