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747 9th Avenue, Manhattan, ...

Updated Oct 28, 2024

CheeseBoatBK Leases Retail Space In Hell's Kitchen From D&D Realty Company - Asking Rent $150/ft
LEASEDRetail

CheeseBoatBK Leases Retail Space In Hell's Kitchen From D&D Realty Company - Asking Rent $150/ft

747 9th Avenue, Manhattan, New York, NY 10019, USA

Building Size

2,000 SF

Asset Type

Retail

Closing

Aug 27, 2021

About this deal

AI

A retail property located at 747 Ninth Avenue in Hell's Kitchen 🔥 has been leased. The lease transaction took place on 08/27/2021.

Summary of transaction details:

  • Property Type: Retail
  • Asking Rent: $150/ft.
  • Square Footage: 2,000
  • Address: 747 Ninth Avenue
  • Market: Hell's Kitchen

The tenant for this leased property is CheeseBoatBK 🧀 🛶. The landlord, D&D Realty Company, is represented by Dominick D’Alleva. The leasing transaction was facilitated by brokers James Famularo and Logan Ryan from Meridian Retail Leasing.

Traded’s record for 747 9th Avenue, Manhattan, New York, NY 10019, USA in New York, New York covers a retail lease from 2021. Published size for 747 9th Avenue, Manhattan, New York, NY 10019, USA is 2,000 square feet. Logan Ryan, James Famularo, Dominick D’Alleva, Meridian Capital Group appear on the lease alongside Meridian Capital Group. This page is the New York, New York file for the 747 9th Avenue, Manhattan, New York, NY 10019, 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 747 9th Avenue, Manhattan, New York, NY 10019, USA around 2021. Cite this CheeseBoatBK Leases Retail Space In Hell's Kitchen From D&D Realty Company - Asking Rent $150/ft lease when underwriting similar retail product around New York, New York.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

379 deals

Broker

Dominick D’Alleva

D&D Realty Company

Landlord

2 deals

Landlord

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

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