Cricket Wireless Leases Retail Space At 3350 Broadway New York For $134 Per SF
3350 Broadway
$134
$134/SF
Building Size
450 SF
Asset Type
Retail
Closing
Mar 17, 2025
AI
The property asset involved in this transaction is a retail space located at 3350 Broadway in New York. The lease was finalized on March 17, 2025, with a tenant named Cricket Wireless occupying 450 square feet of the premises. The rent per square foot is set at $134.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3350 Broadway
- Market: New York
- Tenant: Cricket Wireless
- Landlord: Arman N
- Rent/SF: $134
- Square Feet: 450.0
This lease agreement involves landlord Arman N, who manages the property on Broadway, while Cricket Wireless represents the tenant in this transaction. The deal reflects a strategic move in the retail leasing sector within the New York market.
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
118380.60%
Cash-on-Cash
-33833.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93