Buyk Leases Retail Space In Midtown Manhattan At 315 West 35th Street
315 West 35th Street, Manhattan, New York, NY 10001, USA
Building Size
3,500 SF
Asset Type
Retail
Closing
Oct 4, 2021
About this deal
AI
315 West 35th Street in Midtown has recently been leased for retail use. The property, consisting of 3,500 square feet, was rented by the tenant Buyk. The lease was brokered by Scott Feldberg of GPG Management, representing the tenant, and Carolina Aziz, Maddy Soffer, and Ike Bibi of KSR, representing the landlord Aini Assets & AB Sons Group, led by Ezra Aini. The asking rent for the space was $125 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Date: 10/04/2021
- Address: 315 West 35th Street
- Market: Midtown
The deal was facilitated by Scott Feldberg from GPG Management, who served as the tenant's representative. The landlord, Aini Assets & AB Sons Group, was represented by Carolina Aziz, Maddy Soffer, and Ike Bibi of KSR.
On the Map
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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