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31 West 4th Street, New Yor...

Updated Oct 28, 2024

New York University Leases Retail Space To Sanuki Udon At 31 West 4th Street In Manhattan With Broker Jessilyn Chen
LEASEDRetail

New York University Leases Retail Space To Sanuki Udon At 31 West 4th Street In Manhattan With Broker Jessilyn Chen

31 West 4th Street, New York City, New York 10012, United States

Building Size

2,254 SF

Asset Type

Retail

Closing

Jun 13, 2022

About this deal

AI

The retail space located at 31 West 4th Street in Manhattan has been leased in a recent transaction. The property, measuring 2,254 square feet, was leased by Sanuki Udon. The landlord in this deal is New York University. The lease was facilitated by broker Jessilyn Chen.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 31 West 4th Street
  • Market: Manhattan
  • Tenant: Sanuki Udon
  • Landlord: New York University
  • Broker: Jessilyn Chen

Jessilyn Chen, from the agency representing Sanuki Udon, played a crucial role in negotiating the lease agreement for the retail space at 31 West 4th Street in Manhattan.

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Players

Jessilyn Chen

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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

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