LEASEDRetail
Freddy's Food Market Signs Lease For Retail Space At 352 Bowery In NoHo
352 Bowery, New York, NY 10012
Building Size
3,000 SF
Asset Type
Retail
Closing
May 20, 2020
AI
Freddy's Food Market has leased a retail space at 352 Bowery in NoHo. The property, with an address at 352 Bowery, is located in the NoHo market. The retail space spans approximately 3,000 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 05/20/2021
- Market: NoHo
- Tenant: Freddy's Food Market
- Landlord: Ozymandius Realty
- Brokers: John Roesch & James Famularo - Meridian Retail Leasing
- Asking Rent: $125/ft.
John Roesch and James Famularo of Meridian Retail Leasing represented Freddy's Food Market in the lease transaction.
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