Buffalo Wild Wings GO Signs Long-Term Lease At 455 Park Avenue South With Landlord Scott Solomon - Pan Am Equities
455 Park Ave S New York, NY 10016, USA
$150
$150/SF
Building Size
1,900 SF
Asset Type
Retail
Closing
Apr 30, 2023
AI
The property involved in this lease transaction is a retail space located at 455 Park Avenue South in New York City. The asset spans 1,900 square feet and was leased by Buffalo Wild Wings GO. The lease term is long term, and the asking rent for the space is $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant: Buffalo Wild Wings GO
- Landlord: Scott Solomon - Pan Am Equities
- Tenant's Representative: Virginia Pittarelli & Madison Grossman - Crown Retail
- Landlord's Representative: Ravi Idnani & Josh Strauss - Newmark
- Address: 455 Park Avenue South
- Market: New York City
The tenant, Buffalo Wild Wings GO, was represented by Virginia Pittarelli and Madison Grossman from Crown Retail, while the landlord, Scott Solomon of Pan Am Equities, was represented by Ravi Idnani and Josh Strauss of Newmark.
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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93