TE' Company Leases Retail Space At 314 East 9th Street Represented By Titan Group New York
314 East 9th Street
$166
$166/SF
Building Size
650 SF
Asset Type
Retail
Closing
Feb 14, 2025
About this deal
AI
The property involved in this lease transaction is a retail space located at 314 East 9th Street in the East Village. The lease terms include an asking rent of $166 per square foot for a total area of 650 square feet, under a retail lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $166/ft
- Square Footage: 650
- Address: 314 East 9th Street
- Market: East Village
- Landlord: Bluestar Properties
- Tenant: TE' Company
- Tenant's Representative: Tyler Zar, Tanner Zar & Adam Lavian - Titan Group New York
Titan Group New York played a pivotal role in representing the tenant, TE' Company, in this transaction. The team at Titan Group New York has expertise in commercial and residential leasing, offering guidance for owners looking to lease vacant units.
On the Map
$166
$166/SF
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
95560.24%
Cash-on-Cash
-27311.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93