facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

70 Greenwich Avenue, Manhat...

Updated Oct 28, 2024

Greenwich Gifts Leases Retail Space At 70a Greenwich Ave. In West Village
LEASEDRetail

Greenwich Gifts Leases Retail Space At 70a Greenwich Ave. In West Village

70 Greenwich Avenue, Manhattan, New York, NY, USA

Building Size

1,000 SF

Asset Type

Retail

Closing

Nov 1, 2021

About this deal

AI

A retail space located at 70a Greenwich Ave. in the West Village has been leased in a recent transaction. The property, measuring approximately 1,000 square feet, was leased by Greenwich Gifts. The lease deal was facilitated by David Green from KSR, who represented the tenant, and Ben Biberaj from Meridian Retail Leasing, who represented the landlord, Thomas Graham. The asking rent for the space was $175 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Date: November 1, 2021
  • Address: 70a Greenwich Ave.
  • Market: West Village
  • Landlord: Thomas Graham
  • Tenant: Greenwich Gifts
  • Tenant's Representative: David Green - KSR
  • Landlord's Representative: Ben Biberaj - Meridian Retail Leasing
  • Asking Rent: $175 per square foot
  • Size: 1,000 square feet

This lease transaction was successfully completed with the assistance of David Green from KSR, who represented Greenwich Gifts, the tenant. Ben Biberaj from Meridian Retail Leasing acted as the landlord's representative, assisting Thomas Graham throughout the deal.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

204 deals

Broker

Thomas Graham

Landlord

$8.1M

vol

2 deals

Landlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

Visit Ben Biberaj to view all their deals.

Browse New York retail leases on Traded.

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

More Deals

Nearby Markets