Vornado Realty Trust Leases 4243 Square Feet At 304 Canal St New York With Tenant's Rep David A. Green
304 Canal St, New York, NY, 10013
Building Size
4,243 SF
Asset Type
Retail
Closing
Nov 9, 2020
AI
The property asset involved in the transaction is located at 304 Canal St, New York, NY, 10013. The property encompasses a total area of 4,243 square feet and is situated within the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Square Feet: 4,243
- Address: 304 Canal St, New York, NY, 10013
- Market: New York
- Tenant: Not specified
- Landlord: Vornado Realty Trust
- Tenant's Representative: David A. Green
The deal involves Vornado Realty Trust as the landlord, while David A. Green represents the tenant in the transaction. No additional tenant details have been provided.
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