Chartior Leases Retail Space In SoHo At 436 West Broadway With Tenant's Rep Isaac Bijou & Landlord's Rep Christopher Owles
436 West Broadway, Manhattan, New York, NY, USA
Building Size
400 SF
Asset Type
Retail
Closing
Jul 15, 2020
AI
436 West Broadway in SoHo has recently been leased. The retail property, with an area of 400 square feet, was leased to Chartior. The lease was facilitated by Isaac Bijou from eridian_Retail_Leasing, representing the tenant, and Christopher Owles from invinRealEstate, representing the landlord. The lease agreement was finalized on July 15, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not available
- Asking Rent: $330/ft.
- Address: 436 West Broadway
- Market: SoHo
Isaac Bijou, from eridian_Retail_Leasing, served as the tenant's representative in the deal, while Christopher Owles, from invinRealEstate, represented the landlord. The lease transaction demonstrates the ongoing activity in the SoHo market, with Chartior securing this retail space.
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