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302 Broome St, New York, NY...

Stoned Pizza Leases 4000 Square Feet At 302 Broome St New York From Namdar Realty Group
LEASEDRetail

Stoned Pizza Leases 4000 Square Feet At 302 Broome St New York From Namdar Realty Group

302 Broome St, New York, NY, 10002

Building Size

4,000 SF

Asset Type

Retail

Closing

Nov 19, 2023

AI

The property involved in the transaction is located at 302 Broome St, New York, NY, 10002. It comprises a total space of 4,000 square feet. The lease transaction is set within the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 302 Broome St, New York, NY, 10002
  • Square Feet: 4,000
  • Tenant: Stoned Pizza
  • Landlord: Namdar Realty Group
  • Tenant's Representative: Alfredo Hila
  • Landlord's Representative: Haz Aliessa (Tower Brokerage)

The deal involves key representatives, including Alfredo Hila who represents the tenant, Stoned Pizza, and Haz Aliessa representing Namdar Realty Group as the landlord’s broker. These individuals play a crucial role in facilitating the lease transaction.

Players

Haz Aliessa

Tower Brokerage

Broker

11 deals

Broker
Namdar Realty Group
Namdar Realty GroupLandlord

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