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
About this deal
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.
On the Map
Retail
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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