Biscuits & Bath Leases Murray Hill Retail Space At 5 Tudor City Place
5 Tudor City Place
$96
$96/SF
Building Size
600 SF
Asset Type
Retail
Closing
Dec 21, 2023
AI
New York-based real estate firm, Meridian Capital Group, recently facilitated a lease transaction in the Murray Hill market. The property involved is a retail space located at 5 Tudor City Place. The lease was finalized on December 21, 2023.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $96 per square foot
- Size: 600 square feet
- Address: 5 Tudor City Place
- Market: Murray Hill
The landlord of this retail space is Drew Moschella, representing Windsor Owners Corp. The tenant involved in the lease agreement is Biscuits & Bath.
James Famularo and Jacob Mayer, from Meridian Capital Group, acted as the brokers in this transaction, representing both the landlord and tenant.
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
165239.58%
Cash-on-Cash
-47225.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93