Bobwhite Counter Leases Retail Space In Hell's Kitchen On Ninth Avenue
788 9th Avenue, New York City, New York 10019, United States
Building Size
2,000 SF
Asset Type
Retail
Closing
May 31, 2022
About this deal
AI
Located at 788 Ninth Avenue in Hell's Kitchen, this retail space has recently been leased. Spanning 2,000 square feet, the property was leased by Bobwhite Counter. The landlord, Josh Goldberg, was represented by Jeff Geoghegan of KSR, while Brandon Miller of Newmark and David Abrams of Masonre acted as the tenant's representatives.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Asking Rent: $220 per square foot
- Market: Hell's Kitchen
- Tenant: Bobwhite Counter
- Tenant's Representative: Brandon Miller - Newmark & David Abrams - Masonre
- Landlord: Josh Goldberg
- Landlord's Representative: Jeff Geoghegan - KSR
This deal marks a successful lease agreement for Bobwhite Counter, who will now be operating their business at 788 Ninth Avenue. The specific terms of the lease, such as the duration and any conditions, were not disclosed in the given information.
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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