Laguardia Smoke & Convenience Inc Leases Retail Space At 510 LaGuardia Place, Greenwich Village, Manhattan
510 Laguardia Place
$185
$185/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Oct 26, 2022
AI
The retail property at 510 LaGuardia Place in Greenwich Village, Manhattan has recently been leased. The lease was signed on October 26, 2022, and the property spans approximately 1,100 square feet.
Summary of transaction details
- Property Type: Retail
- Address: 510 LaGuardia Place, Greenwich Village, Manhattan
- Market: Greenwich Village, Manhattan
- Landlord: Josh Weiss
- Tenant: Laguardia Smoke & Convenience Inc
- Brokers: Michael Gammal & Michael Kameo - Swift Retail Advisors
- Asking Rent: $185/ft.
- Lease Type: Single Net Lease
The property was leased to Laguardia Smoke & Convenience Inc. The deal was facilitated by brokers Michael Gammal and Michael Kameo from Swift Retail Advisors. They represented both the landlord, Josh Weiss, and the tenant, Laguardia Smoke & Convenience Inc. The lease type is a Single Net Lease, and the asking rent for the property was $185 per square foot.
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
85745.95%
Cash-on-Cash
-24506.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93