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
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