Yawning Cobra Signs Lease For Retail Space At 356 Bowery In New York City
356 Bowery New York, NY 10012, USA
$100
$100/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Jun 5, 2023
AI
A retail space located at 356 Bowery in New York City has been leased in a transaction between Manhattan Five Partners, the landlord, and Yawning Cobra, the tenant. The property, spanning 1,500 square feet, was leased for an asking rent of $100 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 356 Bowery, New York City
- Market: New York City
- Landlord: Manhattan Five Partners
- Tenant: Yawning Cobra
- Asking Rent: $100/ft
- Square Footage: 1,500
Representing the landlord in this transaction was John Roesch from Meridian Capital Group. Eric Friedlander from Sinvin Real Estate acted as the tenant's representative.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93