The Wolf Exotics Leases Retail Space At 77 Christopher St. In West Village, Manhattan
77 Christopher Street, New York City, New York 10014, United States
Building Size
600 SF
Asset Type
Retail
Closing
Jun 7, 2022
About this deal
AI
Located at 77 Christopher St. in the West Village of Manhattan, this retail space was recently leased in a closed transaction. The property, managed by Gatsby, was leased by The Wolf Exotics. The lease deal was facilitated by Aaron Aziz of Avenue Realty Advisors.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 06/08/2022
- Address: 77 Christopher St.
- Market: West Village, Manhattan
- Landlord: Gatsby
- Tenant: The Wolf Exotics
- Broker: Aaron Aziz - Avenue Realty Advisors
- Asking Rent: $300/ft.
- Square Footage: 600
This lease deal was unique in that Aaron Aziz of Avenue Realty Advisors represented both the tenant and the landlord. It is worth noting that this particular space was part of Avenue Realty Advisor's exclusive portfolio of commercial properties in New York City. For more information on their listings, you can visit their website at www.aranyc.com/listings/.
For those interested in leasing commercial space or exploring leasing opportunities, Avenue Realty Advisors can provide expert guidance. Aaron Aziz, the Principal Broker, can be reached at 516.355.8018 or via email at [email protected]. If you are interested in joining the ARA team, you can also reach out to them through their website at www.aranyc.com/contact.
Players
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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