Mr. Good Guy Leases Retail Space At 4007 Broadway, Washington Heights With Sirkin Realty As Landlord
4007 Broadway, Manhattan, New York, NY, USA
Building Size
1,250 SF
Asset Type
Retail
Closing
Feb 28, 2021
AI
The retail property located at 4007 Broadway in Washington Heights has been leased. The transaction took place on 03/01/2021.
Summary of transaction details:
- Property Type: Retail
- Address: 4007 Broadway
- Market: Washington Heights
- Tenant: Mr. Good Guy
- Landlord: Sirkin Realty
- Asking Rent: $160/ft.
- Square Footage: 1,250 SF
- Broker: Sholom Kanevsky - Kassin Sabbagh Realty
The lease for the property was facilitated by Sholom Kanevsky from Kassin Sabbagh Realty. The transaction involved Mr. Good Guy as the tenant and Sirkin Realty as the landlord. The asking rent for the 1,250 square foot retail space was $160 per square foot.
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