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
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.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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