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
About this deal
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.
On the Map
$100
$100/SF
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93