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

/

332 W 57th St, New York, NY...

Updated Oct 29, 2024

House Of Ness Leases Retail Space At 332 W. 57th St. In Midtown West From Heller Realty
LEASEDRetail

House Of Ness Leases Retail Space At 332 W. 57th St. In Midtown West From Heller Realty

332 W 57th St, New York, NY 10019, USA

Building Size

650 SF

Asset Type

Retail

Closing

Jul 29, 2020

About this deal

AI

A retail space located at 332 W. 57th St. (Space B) in Midtown West has recently been leased. The property, managed by Heller Realty, was rented by House of Ness. The leasing transaction was facilitated by Jason Horowitz from Triforce Commercial Real Estate who represented the tenant, and James Famularo and Ben Biberaj from Meridian Capital Group who served as the landlord's representatives. The asking rent for the 650 square feet space was $120 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 332 W. 57th St. (Space B)
  • Market: Midtown West

The lease deal for the retail space at 332 W. 57th St. in Midtown West was successfully closed. House of Ness will be occupying the 650 square foot space, which is managed by Heller Realty. Jason Horowitz from Triforce Commercial Real Estate represented the tenant, while James Famularo and Ben Biberaj from Meridian Capital Group acted as the landlord's representatives.

Players

Heller Realty
Heller RealtyLandlord

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

More Deals

Nearby Markets