Parkside LES Corporation Leases Retail Space At 34 St. Marks Place In East Village With Brokers Gabe Icikson, Mayer Ghonoja & David Green
34 Saint Marks Place, Manhattan, New York, NY, USA
Building Size
1,500 SF
Asset Type
Retail
Closing
Mar 11, 2021
About this deal
AI
Located at 34 St. Marks Place in the East Village, this retail property has recently been leased. The transaction took place on March 12, 2021. The property spans approximately 1,500 square feet and is situated in a vibrant market.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $160 per square foot
- Address: 34 St. Marks Place
- Market: East Village
The tenant for this lease is Parkside LES Corporation, and the landlord is Asher Dardashtian. The deal was facilitated by brokers Gabe Icikson, Mayer Ghonoja, and David Green from the Kassin Sabbagh Realty agency.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93