facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

41 John Street

Francis Greenburger Of Time Equities Leases Retail Space To Apollo Bagels At 41 John Street
LEASEDRetail

Francis Greenburger Of Time Equities Leases Retail Space To Apollo Bagels At 41 John Street

41 John Street

$125

$125/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Jan 1, 2025

AI

The retail asset located at 41 John Street in the FiDi market has a lease agreement in place. The asking rent is set at $125 per square foot for a total square footage of 2,000. The lease type is classified as a Single Net Lease.

Summary of transation details:

The transaction involves key representatives from both sides. Scott Schneidman and Scott Klatsky are noted as the landlords' representatives, while David Green and Daniel Kestenbaum represent the tenant in this agreement.

Players

Daniel Kestenbaum

Kassin Sabbagh Realty

Broker

23 deals

Broker
Time Equities
Time EquitiesBrokerage

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93