LEASEDRetail
Renzo Gracie Academy Leases Retail Space At 31 West 14th Street In Union Square
31 West 14th Street
$150
$150/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Apr 14, 2023
AI
The Renzo Gracie Academy has signed a lease for a retail space located at 31 West 14th Street in Union Square. The property, spanning 5,000 square feet, was leased from landlord Avi Dishi. The asking rent for the space was $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Tenant: Renzo Gracie Academy
- Landlord: Avi Dishi
- Address: 31 West 14th Street
- Market: Union Square
- Asking Rent: $150 per square foot
The deal was facilitated by brokers Marybeth Ourlicht, Laura Belocas, and Jeff Geoghegan of KSR agency.
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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93