Tribeca Associates Leases Retail Space To Aelia Health At 321 Greenwich Street
321 Greenwich Street
$150
$150/SF
Building Size
3,708 SF
Asset Type
Retail
Closing
Sep 11, 2023
About this deal
AI
The retail property located at 321 Greenwich Street in Tribeca, Manhattan has been leased. The property, spanning 3,708 square feet, was leased by Aelia Health. The lease agreement was facilitated by Andrew Stern, who represented Aelia Health in the deal. The landlord of the property is Tribeca Associates. The lease type for the property is a Modified Gross Lease with an asking rent of $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Date: 09/11/2023
- Address: 321 Greenwich Street, Tribeca, Manhattan
- Market: Tribeca, Manhattan
- Tenant: Aelia Health
- Broker: Andrew Stern - Newmark
- Asking Rent: $150/ft
- Lease Type: Modified Gross Lease
Andrew Stern, a broker from Newmark, played a crucial role in securing the lease for Aelia Health at the retail property on 321 Greenwich Street. The involvement of Tribeca Associates as the landlord further highlights the collaboration between all parties to finalize the deal.
Players
Belcamp 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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93