facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

312 Canal Street

Trans World Equities Leases Retail Space To Canal Exotics At 312 Canal Street, Tribeca, Manhattan
LEASEDRetail

Trans World Equities Leases Retail Space To Canal Exotics At 312 Canal Street, Tribeca, Manhattan

312 Canal Street

$240

$240/SF

Building Size

500 SF

Asset Type

Retail

Closing

Nov 1, 2022

AI

Trans World Equities has leased a retail property located at 312 Canal Street in Tribeca, Manhattan. The asset, spanning 500 square feet, was leased to Canal Exotics. The lease was facilitated by brokers Jeremy Banilevi and Aaron Aziz from Avenue Realty Advisors.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $240/ft
  • Square Footage: 500
  • Address: 312 Canal Street, Tribeca, Manhattan
  • Landlord: Trans World Equities
  • Tenant: Canal Exotics
  • Brokers: Jeremy Banilevi & Aaron Aziz - Avenue Realty Advisors

In this lease transaction, ARA acted as a dual representative, serving both the tenant and the landlord. For inquiries regarding leasing vacant commercial spaces or opening new or additional commercial spaces, interested parties can reach out to Avenue Realty Advisors through their website www.aranyc.com or contact the principal broker Aaron Aziz at 516.355.8018 or [email protected], or associate Jeremy Banilevi at 516.493.6046 or [email protected].

Please visit ARA's website at www.aranyc.com for more information about their services.

Interested in joining the ARA Team? Reach Out Today! Contact details can be found at: https://www.aranyc.com/contact

Players

Aaron Aziz

ARA

Broker

47 deals

Broker

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

66095.83%

Cash-on-Cash

-18890.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93