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449 Broadway, New York, NY ...

Updated Oct 28, 2024

Yebisu International LLC Leases Retail Space At 449 Broadway In SoHo
LEASEDRetail

Yebisu International LLC Leases Retail Space At 449 Broadway In SoHo

449 Broadway, New York, NY 10013, USA

Building Size

2,500 SF

Asset Type

Retail

Closing

Jun 11, 2020

About this deal

AI

An retail property located at 449 Broadway in SoHo has been leased by Yebisu International LLC. The property, measuring 2,500 square feet, was leased from UAL NY. The deal was facilitated by Carolina Aziz, David Green, Ike Bibi, and Seth Li from Kassin_Sabbagh_Realty. The asking rent for the property was $175 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 449 Broadway
  • Market: SoHo
  • Tenant: Yebisu International LLC
  • Landlord: UAL NY
  • Brokers: Carolina Aziz, David Green, Ike Bibi, and Seth Li from Kassin_Sabbagh_Realty
  • Asking Rent: $175/ft.
  • SF: 2,500

The leasing transaction of the property at 449 Broadway in SoHo involved Yebisu International LLC as the tenant and UAL NY as the landlord. Carolina Aziz, David Green, Ike Bibi, and Seth Li, representing Kassin_Sabbagh_Realty, facilitated the deal. The property was leased for an asking rent of $175 per square foot.

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

126 deals

Broker

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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

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