Throwdown Fitness Leases 2200 SF At 3 E 17th St New York With Greysteel's Representation
3 E 17th St, New York, NY, 10003
$65
$65/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 3 E 17th St, New York, NY, 10003, in the New York market. The leased space consists of 2,200 square feet and is rented at a rate of $65 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: 0
- Address: 3 E 17th St, New York, NY, 10003
- Market: New York
- Tenant: Throwdown Fitness
- Landlord: Yjl 3 East Street
- Tenant's Representative: Laki Latinka Igrutinovic - City Connections Realty
- Landlord's Representatives: David Horowitz, David Khorshad, David Choi - Greysteel
The transaction features tenant Throwdown Fitness entering into a lease agreement with landlord Yjl 3 East Street, facilitated by their respective representatives. Tenant's representative Laki Latinka Igrutinovic is associated with City Connections Realty, while landlords are represented by David Horowitz, David Khorshad, and David Choi from Greysteel.
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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93