Kosher Restaurant Signs Retail Lease At 37 West 19th Street In Flatiron, Manhattan
37 West 19th Street
$168
$168/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Nov 29, 2023
About this deal
AI
Located at 37 West 19th Street in the Flatiron neighborhood of Manhattan, a retail space has been leased. The space spans 5,000 square feet and the lease is of the retail type. The lease was finalized on December 29, 2023.
Summary of transaction details
- Property Type: Retail
- Transaction Date: December 29, 2023
- Address: 37 West 19th Street
- Market: Flatiron, Manhattan
- Landlord: Oren Evenhar - Evenhar Development
- Tenant: Kosher Restaurant
- Brokers: Noam Aziz - Meridian Capital Group & Elliot Warren - Kaufman Organization
- Asking Rent: $168 per square foot
- Lease Type: Retail Lease
The deal was facilitated by Noam Aziz of Meridian Capital Group and Elliot Warren of Kaufman Organization, representing the tenant and the property respectively.
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
94422.62%
Cash-on-Cash
-26986.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93