RENNDA Leases 1200 SF Retail Space In New York With Sara Armet - Retail By Mona
416 W 13th St, New York, NY, 10014
Building Size
1,200 SF
Asset Type
Retail
Closing
Nov 8, 2021
AI
The retail property located at 416 W 13th St, New York, NY, 10014, with a total space of 1200 square feet, was recently leased in New York. The tenant, RENNA, was represented by Sara Armet from Retail By Mona, while the landlord, Greenway Mews Realty, secured the deal. The transaction took place on 11/08/2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Tenant: RENNA
- Tenant's Representative: Sara Armet (Retail By Mona)
- Landlord: Greenway Mews Realty
- Landlord's Representative: Matthew Cohen
- Address: 416 W 13th St, New York, NY, 10014
- Market: New York
- Square Feet: 1200
Sara Armet from Retail By Mona played a crucial role as the tenant's representative in the leasing deal, showcasing expertise in securing favorable terms for RENNA. On the other side, Matthew Cohen represented Greenway Mews Realty, ensuring the landlord's interests were well-protected throughout the negotiation process.
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