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

/

349 6th Avenue, Manhattan, ...

Updated Oct 28, 2024

Care Cube Leases Retail Space At 349 Sixth Avenue In Greenwich Village
LEASEDRetail

Care Cube Leases Retail Space At 349 Sixth Avenue In Greenwich Village

349 6th Avenue, Manhattan, New York, NY, USA

Building Size

1,500 SF

Asset Type

Retail

Closing

Jun 1, 2020

About this deal

AI

The retail property located at 349 Sixth Avenue in Greenwich Village has been leased. The lease was signed on 06/01/2021, and the tenant is Care Cube. The landlord for this transaction is IOLE Realty. The deal was facilitated by Michael Segerman, who represented both the landlord and the tenant as the broker. Care Cube will occupy a space with a square footage of approximately 1,500 square feet in this prime Greenwich Village location.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 349 Sixth Avenue
  • Tenant: Care Cube
  • Landlord: IOLE Realty
  • Broker: Michael Segerman - SegerCruz @DynamikRealEstate (Landlord + Tenant Rep.)
  • Asking Rent: $105/ft.
  • Square Footage: 1,500 sq. ft.

Michael Segerman from SegerCruz @DynamikRealEstate served as the broker for both the landlord and the tenant in this lease transaction. The asking rent for the space was $105 per square foot, and the total square footage of the leased area is 1,500 square feet.

Players

Michael Segerman

Current Real Estate Advisors

Broker

$8.6M

vol

28 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

Visit Michael Segerman to view all their deals.

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