The Boiler Room Leases Retail Space At 45 2nd Avenue In East Village, New York City
45 2nd Ave New York, NY 10003, USA
$150
$150/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jun 30, 2023
About this deal
AI
The retail property located at 45 2nd Avenue in East Village, New York City has been leased. The property, measuring 2,000 square feet, was leased by The Boiler Room. The lease was facilitated by Greg Goldberg of Meridian Capital Group. The asking rent for the property was $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 45 2nd Avenue, East Village, New York City
- Tenant: The Boiler Room
- Landlord: Dana Lowey
- Broker: Greg Goldberg - Meridian Capital Group
Dana Lowey was the landlord who leased out the property located at 45 2nd Avenue in East Village, New York City to The Boiler Room. The lease was arranged by Greg Goldberg from Meridian Capital Group. No further details were provided regarding the transaction.
On the Map
$150
$150/SF
Retail
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93