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30 West 14th Street New Yor...

Vintage NYC Leases Retail Space In Greenwich Village, Manhattan With Landlord, The Dweck Group And Tenant Rep, Maurice Molcho
LEASEDRetail

Vintage NYC Leases Retail Space In Greenwich Village, Manhattan With Landlord, The Dweck Group And Tenant Rep, Maurice Molcho

30 West 14th Street New York, NY 10011

$85

$85/SF

Building Size

2,350 SF

Asset Type

Retail

Closing

May 31, 2023

AI

The retail property located at 30 West 14th Street in Greenwich Village, Manhattan has recently been leased to Vintage NYC. The property, spanning approximately 2,350 square feet, was leased for an asking rent of $85 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 05/31/2023
  • Address: 30 West 14th Street
  • Market: Greenwich Village, Manhattan
  • Landlord: The Dweck Group - Joe Dweck
  • Tenant: Vintage NYC
  • Brokers: Maurice Molcho - Molcho Realty Group

Maurice Molcho of Molcho Realty Group represented Vintage NYC in the lease deal. The landlord of the property is The Dweck Group, led by Joe Dweck.

Players

Maurice Molcho

Molcho Realty Group

Broker

$15.2M

vol

8 deals

Broker

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

186623.53%

Cash-on-Cash

-53337.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93