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382 W Broadway, New York, N...

Jonathan Adler Leases 8000 Square Feet At 382 W Broadway New York With Tenant's Reps Charlotte Sardet And Janet Liff
LEASEDRetail

Jonathan Adler Leases 8000 Square Feet At 382 W Broadway New York With Tenant's Reps Charlotte Sardet And Janet Liff

382 W Broadway, New York, NY, 10012

Building Size

8,000 SF

Asset Type

Retail

Closing

Sep 21, 2021

AI

The property involved in this transaction is located at 382 W Broadway, New York, NY, 10012. The asset encompasses a total of 8,000 square feet and is situated in the New York market. The landlord of the property is 382 West Broadway LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 382 W Broadway, New York, NY, 10012
  • Square Feet: 8000
  • Tenant: Jonathan Adler
  • Landlord: 382 West Broadway LLC
  • Tenant's Representatives: Charlotte Sardet (Sinvin Real Estate), Janet Liff()

This transaction involves notable individuals such as the tenant Jonathan Adler, who is engaged in utilizing the leased space. The representatives facilitating this deal on behalf of the tenant include Charlotte Sardet from Sinvin Real Estate and Janet Liff().

Players

Janet Liff

Broker

3 deals

Broker

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93