Compagnie Des Vins Surnaturels Signs Lease For Retail & Office Space At 6 West 24th Street, Flatiron
6 West 24th Street New York, New York 10010, USA
Building Size
5,400 SF
Asset Type
Retail
Closing
Jun 12, 2023
AI
Compagnie des Vins Surnaturels has signed a lease for a 3,600-square-foot restaurant space and an 1,800-square-foot office space at 6 West 24th Street in the Flatiron neighborhood. The property, located in a prime location in the Flatiron market, offers a total space of 5,400 square feet. With its unique characteristics and strategic location, this property is an ideal choice for Compagnie des Vins Surnaturels to establish its presence in the area.
Summary of transation details
- Property Type: Retail & Office
- Transaction Amount: Not specified
- Address: 6 West 24th Street
- Market: Flatiron
- Square Footage: 5,400
In this lease transaction, Compagnie des Vins Surnaturels has been represented by Amie Claps from Easy Street Properties. Amie Claps has successfully negotiated a lease agreement for the restaurant and office spaces on behalf of the tenant. On the other side, Darrell Rubens from Newmark worked as the landlord's representative, ensuring a smooth transaction between the parties involved.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93