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271 Church St New York, NY ...

Baboo Leases Retail Space At 271 Church Street In Tribeca
LEASEDRetail

Baboo Leases Retail Space At 271 Church Street In Tribeca

271 Church St New York, NY 10013, USA

$200

$200/SF

Building Size

1,380 SF

Asset Type

Retail

Closing

Aug 24, 2023

AI

A retail space located at 271 Church Street in Tribeca has been leased. The property, spanning approximately 1,380 square feet, was leased by Baboo. The asset is managed by Cityscapes Realty. The lease was facilitated by Chris Halliburton from Compass, representing Baboo, and Andrew Stern & Brandon Miller from Newmark, representing Cityscapes Realty. The asking rent for the space was $200 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 271 Church Street, Tribeca
  • Tenant: Baboo
  • Landlord: Cityscapes Realty
  • Tenant's Representative: Chris Halliburton - Compass
  • Landlord's Representatives: Andrew Stern & Brandon Miller - Newmark
  • Asking Rent: $200 per square foot
  • Square Footage: 1,380

The lease transaction for the retail space at 271 Church Street in Tribeca was mediated by Chris Halliburton from Compass, representing Baboo, and Andrew Stern & Brandon Miller from Newmark, representing Cityscapes Realty. The property, spanning approximately 1,380 square feet, was leased at an asking rent of $200 per square foot.

Players

Andrew Stern

Newmark

Broker

$5.4M

vol

76 deals

Broker
CR
Cityscapes RealtyLandlord

Market 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