Don BBQ Leases Retail Space At 37 West 43rd Street In New York City With Brokers Amanda Malekhedayat, Matthew Fogel & Albert Manopla - KSR
37 West 43rd Street
$135
$135/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Apr 1, 2023
AI
The retail property located at 37 West 43rd Street in New York City has been leased. The landlord, Philips International, has entered into a lease agreement with the tenant, Don BBQ. The brokers involved in the deal are Amanda Malekhedayat, Matthew Fogel, and Albert Manopla from KSR. The lease transaction took place on 04/01/2023.
Summary of transation details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 37 West 43rd Street, New York City
Amanda Malekhedayat, Matthew Fogel, and Albert Manopla from KSR represented the tenant, Don BBQ, in this lease deal. The asking rent for the retail space was $135 per square foot, with a total area of 1,800 square feet.
Players
Market 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
117503.70%
Cash-on-Cash
-33582.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93