The Roe Corporation Leases Retail Space To Mistr NYC On Ninth Ave
661 9th Avenue, New York, NY 10036, USA
Building Size
2,000 SF
Asset Type
Retail
Closing
Sep 24, 2021
About this deal
AI
The retail space located at 661 Ninth Ave. in Hell's Kitchen has been leased in a recent transaction. The property, spanning 2,000 square feet, was leased by Mistr NYC. The landlord in this deal is The Roe Corporation.
Summary of transation details
- Property Type: Retail
- Transaction Date: 09/24/2021
- Address: 661 Ninth Ave.
- Market: Hell's Kitchen
- Landlord: The Roe Corporation
- Tenant: Mistr NYC
The leasing transaction was facilitated by broker James Famularo from Meridian Retail Leasing.
Traded’s record for 661 9th Avenue, New York, NY 10036, USA in New York, New York covers a retail lease from 2021. Published size for 661 9th Avenue, New York, NY 10036, USA is 2,000 square feet. James Famularo, Meridian Capital Group appear on the lease alongside Meridian Capital Group. This page is the New York, New York file for the 661 9th Avenue, New York, NY 10036, USA retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 661 9th Avenue, New York, NY 10036, USA around 2021. Cite this The Roe Corporation Leases Retail Space To Mistr NYC On Ninth Ave lease when underwriting similar retail product around New York, New York.
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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