Le Cafe Coffee Leases Retail Space At 410 10th Avenue In Hudson Yards, Manhattan
410 Tenth Ave, New York, NY 10001
$300
$300/SF
Building Size
1,193 SF
Asset Type
Retail
Closing
Aug 1, 2023
AI
The retail property located at 410 10th Avenue in Hudson Yards, Manhattan is currently available for lease. This property is owned by the 601W Companies and the tenant is Le Cafe Coffee. The lease transaction was facilitated by Yoel Gorjian of Winick Realty Group, who served as the exclusive broker for Le Cafe Coffee.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $300 per square foot
- Square Footage: 1,193
- Address: 410 10th Avenue, Hudson Yards, Manhattan
- Market: Hudson Yards, Manhattan
- Landlord: 601W Companies
- Tenant: Le Cafe Coffee
- Tenant's Broker: Yoel Gorjian - Winick Realty Group
Le Cafe Coffee is a growing coffee shop franchise that opened its first café in 2013. They have been expanding and are actively searching for new locations. For additional information about leasing opportunities or to propose a site, interested parties can contact Yoel Gorjian of Winick Realty Group at [email protected].
Players
Market 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
52876.67%
Cash-on-Cash
-15112.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93