Miznon West Leases Retail Space At 61 West 8th Street In West Village With Oded Nachmani & Adam Henick Representing The Tenant
61 West 8th Street, New York, NY 10011
Building Size
2,400 SF
Asset Type
Retail
Closing
Aug 16, 2020
AI
The retail property located at 61 West 8th Street in the West Village has recently been leased. The property, spanning 2,400 square feet, was leased by Miznon West. The landlord, Solil Management, facilitated the transaction.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 61 West 8th Street
- Market: West Village
Miznon West, the tenant, was represented by Oded Nachmani and Adam Henick from Current Real Estate. On the landlord's side, Jeremy Modest from Solil Management acted as the representative. The asking rent for the leased space was $240 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93