The Manhattan Indian Flavor Leases Retail Space At 311 2nd Avenue In NoMad
311 2nd Ave, New York, NY 10003, Estados Unidos
Building Size
1,314 SF
Asset Type
Retail
Closing
Oct 8, 2020
AI
The retail property located at 311 2nd Avenue in NoMad has been leased to The Manhattan Indian Flavor. The lease transaction took place on 10/09/2020. The property spans a total of 1,314 square feet and the asking rent was set at $140 per square foot. The landlord for this property is Dennis Ainbinder.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 10/09/2020
- Address: 311 2nd Avenue
- Market: NoMad
- Asking Rent: $140/ft.
- Square Footage: 1,314
- Tenant: The Manhattan Indian Flavor
- Landlord: Dennis Ainbinder
Representing the landlord and tenant in this lease transaction were Maxim Raevschi and Ben Weiner. Maxim Raevschi and Ben Weiner are brokers from Habendum Real Estate and Ripco, respectively. Habendum Real Estate specializes in commercial leasing and sales, serving clients across the five boroughs.
For more information about this lease deal, please contact Habendum Real Estate directly using the following details:
Habendum RE
☎️917-261-6561Maxim Raevschi 📱347-659-7035
Ripco
Ben Weiner 📱718-233-6565Players
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