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510 Laguardia Place

Laguardia Smoke & Convenience Inc Leases Retail Space At 510 LaGuardia Place, Greenwich Village, Manhattan
LEASEDRetail

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

Michael Gammal

Swift Real Estate Advisors

Broker

$1.6M

vol

17 deals

Broker

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