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263 East 10th Street, New Y...

Titan Group New York Facilitates Retail Lease In East Village - 263 East 10th Street
LEASEDRetail

Titan Group New York Facilitates Retail Lease In East Village - 263 East 10th Street

263 East 10th Street, New York City, New York 10009, United States

Building Size

500 SF

Asset Type

Retail

Closing

May 31, 2022

AI

The property involved in this lease transaction is located at 263 East 10th Street in the East Village. It is a retail asset with a size of approximately 500 square feet.

Summary of transaction details:

Titan Group New York served as both the landlord and tenant representation in this lease, acting as a bridge between both parties. They are a tech-focused firm that utilizes new real estate software for enhanced performance. For more information or assistance with leasing vacant commercial or residential spaces, or to find a suitable space as a tenant, please contact Titan Group directly:

Adam Lavian
Email: [email protected]
Phone: (516) 662-6176

Tanner Zar
Email: [email protected]
Phone: (516) 606-8998

Tyler Zar
Email: [email protected]
Phone: (516) 784-0478

Note from broker: Titan Group New York serves as a bridge between landlords and tenants, facilitating successful ventures and nurturing long-lasting relationships.

Players

Adam Lavian

Titan Group New York

Broker

58 deals

Broker

Chan Neuhouser

Landlord

2 deals

Landlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93