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
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.
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