Gabrielle's Leases Retail Space At 76 Carmine Street In West Village
76 Carmine Street, New York City, New York 10014, United States
Building Size
2,000 SF
Asset Type
Retail
Closing
Jun 27, 2022
About this deal
AI
Located in the heart of the West Village, at 76 Carmine Street, a retail space has been leased in a recent transaction. The deal was finalized on 06/28/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 76 Carmine Street
- Market: West Village
The landlord, Penn South Capital, successfully leased the retail space to Gabrielle's. The transaction was facilitated by Jordan Raphan and Samuel Chera of KSR as the brokers representing the parties involved.
The asking rent for the 2,000 square foot space was $200 per square foot.
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