Yankeekicks Leases 5,104 SF Retail Space At 666 Broadway In NoHo
666 Broadway New York, New York 10012, USA
Building Size
5,104 SF
Asset Type
Retail
Closing
Jun 27, 2023
AI
Yankeekicks, a popular Miami sneaker shop specializing in sought-after shoes, has expanded with its first New York City location in NoHo. The brand has leased a 5,104-square-foot space at 666 Broadway, which will serve as its flagship store.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Square Footage: 5,104
- Address: 666 Broadway
- Market: NoHo
The landlord for the leased space is The Wings Group, while Yankeekicks is the tenant. The landlord's representatives for the deal were Mitch Heifetz and Ariel Schuster from Newmark. On the other hand, Michael Shalom and Joanne Podell from Cushman & Wakefield represented Yankeekicks in the transaction.
Players
Wyoming 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