Scen By Celebrity Chef Matthew Kenny Leases Retail Space At 352 Bowery In NoHo
352 Bowery, Manhattan, New York, NY, USA
Building Size
3,000 SF
Asset Type
Retail
Closing
Mar 31, 2021
About this deal
AI
The retail property located at 352 Bowery in NoHo was recently leased. The lease transaction took place on April 1, 2021. The asset spans a total of 3,000 square feet and was listed with an asking rent of $125 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 352 Bowery
- Market: NoHo
The tenant for this retail space is Scen by Celebrity Chef Matthew Kenny. The landlord, TJ Marano, represents Ozymandius Realty. The tenant was represented by Henry Rossignol from CBRE, while the landlord's representatives were John Roesch and James Famularo from Meridian Retail Leasing.
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