David Horowitz, David Khorshad, And David Choi Of Greysteel Represent Tenant In Lease At 290 Grand St
290 Grand St, New York, NY, 10002
Building Size
3,000 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
A lease transaction has occurred for a property located at 290 Grand St, New York, NY, 10002. The property spans 3,000 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 290 Grand St, New York, NY, 10002
- Market: New York
- Square Feet: 3000
- Landlord: FCA
- Tenant's Representative: David Horowitz, David Khorshad, David Choi - Greysteel
This transaction involves FCA as the landlord and a team of representatives from Greysteel, specifically David Horowitz, David Khorshad, and David Choi, facilitating the leasing arrangement for the tenant.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93