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
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