Vinyl Steakhouse Leases Retail Space In Flatiron At 35 West 19th Street
35 West 19th Street, New York, NY 10011, USA
Building Size
2,000 SF
Asset Type
Retail
Closing
Sep 27, 2021
About this deal
AI
The retail property located at 35 West 19th Street in the Flatiron market has recently been leased. The lease transaction was finalized on 09/27/2021.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $150/ft.
- Square Footage: 2,000 SF
- Address: 35 West 19th Street
- Market: Flatiron
The landlord of the property is Dan Forrester & Richard Carroll. The tenant who leased the space is Vinyl Steakhouse 🥩. The lease transaction was facilitated by Jordan Forrester from Transworld Equities, who represented the landlord in the deal.
On the Map
Retail
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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