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79 Worth St New York, NY 10...

Updated Oct 29, 2024

BODE Leases Retail Space At 79 Worth Street In Tribeca, Manhattan
LEASEDRetail

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

John Roesch

Meridian Capital Group

Broker

97 deals

Broker

Marc Sferrazza

Landlord

2 deals

Landlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $150 per square foot on a published $150 for 1,500 square feet (2023).

Visit Kevin Bisconti to view all their deals.

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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

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