Private Personal Training Studio Leases Retail Space In Hell's Kitchen
410 West 47th Street, New York City, New York 10036, United States
Building Size
2,824 SF
Asset Type
Retail
Closing
Apr 14, 2022
About this deal
AI
Located at 410 W. 47th St. in Hell's Kitchen, a retail space has been leased. The property, consisting of 2,824 square feet, was leased on April 15, 2022.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: N/A
- Asking Rent: $50/ft.
The landlord for this property is Casey Lloyd, while the tenant is a private personal training studio known as Studio 16. Representing the tenant in this lease deal are Adam Lavian, Tyler Zar, and Tanner Zar from Titan Group New York. On the other hand, the landlord is represented by Michael Pinney from Signature Partners.
For more information, please contact Titan Group New York:
- Adam Lavian - [email protected] - (516) 662-6176
- Tanner Zar - [email protected] - (516) 606-8998
- Tyler Zar - [email protected] - (516) 784-0478
On the Map
Retail
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Players
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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