Meridian Retail Leasing Secures Lease For Retail Space At 793 Broadway In New York For $352,000/yr
793 Broadway, New York City, New York 10003, United States
$160
$160/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Nov 8, 2022
About this deal
AI
793 Broadway, a retail property located in New York, was recently leased. The deal was facilitated by Andrew Ingber from Meridian Retail Leasing, representing the landlord, and Elliot Wygoda and Ben Biberaj from Meridian Retail Leasing, representing the tenant. The lease agreement was finalized on November 8, 2022.
Summary of transaction details:
- Property Type: Retail
- Address: 793 Broadway, New York
- Market: New York
- Landlord's Representative: Andrew Ingber - Meridian Retail Leasing
- Tenant's Representatives: Elliot Wygoda & Ben Biberaj - Meridian Retail Leasing
- Asking Rent: $160/ft.
- Square Footage: 2,200
The lease transaction for 793 Broadway involved a retail property in New York. Andrew Ingber from Meridian Retail Leasing represented the landlord, while Elliot Wygoda and Ben Biberaj, also from Meridian Retail Leasing, represented the tenant. The lease agreement was successfully negotiated on November 8, 2022.
On the Map
$160
$160/SF
Retail
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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
99143.75%
Cash-on-Cash
-28335.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93