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69 Greene St, New York, NY,...

69-73 Greene Street Owner LLC Leases 6400 Square Feet At 69 Greene St New York Through Davie Berke JLL
LEASEDRetail

69-73 Greene Street Owner LLC Leases 6400 Square Feet At 69 Greene St New York Through Davie Berke JLL

69 Greene St, New York, NY, 10012

Building Size

6,400 SF

Asset Type

Retail

Closing

Apr 1, 2016

AI

The lease involves a property located at 69 Greene St, New York, NY, measuring 6400 square feet. The property is situated in the New York market and is under the ownership of 69-73 Greene Street Owner LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 69 Greene St, New York, NY, 10012
  • Market: New York
  • Square Feet: 6400
  • Landlord: 69-73 Greene Street Owner LLC
  • Tenant's Representative: Davie Berke - JLL

The parties involved in this transaction include the landlord, 69-73 Greene Street Owner LLC, and the tenant's representative, Davie Berke from JLL, who facilitated the leasing process on behalf of the tenant.

Players

Davie Berke

JLL

Broker

7 deals

Broker
Sinvin Real Estate
Sinvin Real EstateBrokerage

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