FCA Leases 2000 Square Feet To Tenant Represented By Jedd Nero At 41 W 46th St New York
41 W 46th St, New York, NY, 10036
Building Size
2,000 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The lease is located at 41 W 46th St, New York, NY, 10036, within the New York market. The property encompasses a total of 2000 square feet and is held under a lease agreement with FCA as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 41 W 46th St, New York, NY, 10036
- Market: New York
- Square Feet: 2000
- Tenant's Representative: Jedd Nero - Lee & Associates
- Landlord: FCA
The lease transaction involves Jedd Nero from Lee & Associates representing the tenant, facilitating the agreement with FCA as the landlord. The details of the negotiation and terms of the lease are not disclosed.
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Retail
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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