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352 Bowery, Manhattan, New ...

Scen By Celebrity Chef Matthew Kenny Leases Retail Space At 352 Bowery In NoHo
LEASEDRetail

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

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.

Players

Henry Rossignol

CBRE

Broker

10 deals

Broker
OR
Ozymandius RealtyLandlord

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