John's Cigars Leases Retail Space At 67 Eighth Ave In West Village With Brokers John Roesch & Kevin Bisconti - Meridian Capital Group
67 8th Avenue, New York City, New York 10014, United States
Building Size
500 SF
Asset Type
Retail
Closing
Mar 9, 2022
About this deal
AI
John’s Cigars has leased a retail space located at 67 Eighth Ave in the West Village market. The lease transaction was completed on 03/10/2022. The property is a retail asset with a total of 500 square feet. The asking rent for the space was $300 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Date: 03/10/2022
- Address: 67 Eighth Ave
- Market: West Village
- Tenant: John’s Cigars
- Brokers: John Roesch & Kevin Bisconti - Meridian Capital Group
- Asking Rent: $300/ft.
John Roesch & Kevin Bisconti from Meridian Capital Group represented John’s Cigars in the lease deal.
On the Map
Retail
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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