First Semester Daycare Leases Community Facility At 473 Central Park West In New York City With Brokers Sholom Kanevsky & Brent Legunn From KSR
473 Central Park West
$65
$65/SF
Building Size
4,400 SF
Asset Type
Retail
Closing
Dec 1, 2022
About this deal
AI
The community facility located at 473 Central Park West in New York City has been leased. The tenant, First Semester Daycare, has signed a lease agreement for the property.
Summary of transaction details
- Property Type: Community Facility
- Date: 12/01/2022
- Address: 473 Central Park West, New York City
- Tenant: First Semester Daycare
The lease was facilitated by the brokers Sholom Kanevsky and Brent Legunn from KSR.
The asking rent for the property was $65 per square foot, with a total square footage of 4,400. The lease agreement was successfully negotiated, finalizing the transaction.
On the Map
$65
$65/SF
Retail
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Players
New York City 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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93