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61 West 8th Street, New Yor...

Miznon West Leases Retail Space At 61 West 8th Street In West Village With Oded Nachmani & Adam Henick Representing The Tenant
LEASEDRetail

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

Oded Nachmani

Current Real Estate Advisors

Broker

16 deals

Broker
Solil Management
Solil ManagementLandlord

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