BODE Leases Retail Space At 79 Worth Street In Tribeca, Manhattan
79 Worth St New York, NY 10013, USA
$150
$150/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Aug 11, 2023
About this deal
AI
A retail property located at 79 Worth Street in Tribeca, Manhattan has recently been leased. The property is owned by Millennium Sports Management Company, represented by Marc Sferrazza, and the tenant is BODE. This transaction was facilitated by Kevin Bisconti and John Roesch of the Meridian Capital Group. The retail space has an asking rent of $150 per square foot with a total area of 1,500 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 79 Worth Street
- Market: Tribeca, Manhattan
- Landlord: Millennium Sports Management Company (Marc Sferrazza)
- Tenant: BODE
- Brokers: Kevin Bisconti & John Roesch (Meridian Capital Group)
- Asking Rent: $150/ft
- Square Footage: 1,500
The lease deal at 79 Worth Street in Tribeca, Manhattan was arranged by Kevin Bisconti and John Roesch of Meridian Capital Group. The property is owned by Millennium Sports Management Company, with Marc Sferrazza as the representative. The tenant for this retail space is BODE. The lease agreement includes an asking rent of $150 per square foot for the 1,500 square feet of space.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Kevin Bisconti 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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93