Gucci Leases Retail Space At 400 West 14th Street In New York City
400 West 14th Street
$700
$700/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Mar 22, 2023
About this deal
AI
The retail property located at 400 West 14th Street in New York City has been leased in a transaction. The landlord, Rockfeld Group, has agreed to lease the property to the tenant, Gucci.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $700/ft
- Square Footage: 10,000
- Lease Term: Long Term
The lease deal was facilitated by brokers Brandon Singer from Retail By Mona and Michael O'Neil from Cushman & Wakefield.
The retail lease at 400 West 14th Street in New York leased for $700 in 2023. The building is 10,000 square feet, implying about 700 per square foot on the published price. Brandon Singer, Michael O'Neill, Retail By Mona, Cushman & Wakefield appear on the lease alongside Retail By Mona, Cushman & Wakefield. This page is the New York file for the 400 West 14th Street retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that local retail set by closing date to see what else leased near 400 West 14th Street around 2023. Published consideration for 400 West 14th Street is $700, dated 2023. Cite this Gucci Leases Retail Space At 400 West 14th Street In New York City lease when underwriting similar retail product around New York.
On the Map
$700
$700/SF
Retail
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
22661.43%
Cash-on-Cash
-6476.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93