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356 Bowery New York, NY 100...

Yawning Cobra Signs Lease For Retail Space At 356 Bowery In New York City
LEASEDRetail

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

John Roesch

Meridian Capital Group

Broker

97 deals

Broker
MP
Manhattan Five PartnersLandlord

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