Renzo Gracie Academy Leases Retail Space At 31 West 14th Street In Union Square
31 West 14th Street
Building Size
5,000 SF
Asset Type
Retail
Closing
Apr 14, 2023
About this deal
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.
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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93