Saddeq Al Assaidi Leases Retail Space At 80 John St. In Financial District
80 John Street
$87
$87/SF
Building Size
1,600 SF
Asset Type
Retail
Closing
Feb 26, 2024
AI
Located at 80 John Street, Space B in the Financial District of Manhattan, this retail property was leased for an asking rent of $87 per square foot. The deal involved John Gold as the landlord and Saddeq Al Assaidi as the tenant. The lease was facilitated by Frederick Betesh and Chandler Slate from Tri State Commercial Realty. The space spans 1,600 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Landlord: John Gold
- Tenant: Saddeq Al Assaidi
- Brokers: Frederick Betesh & Chandler Slate - Tri State Commercial Realty
The brokers involved in this retail lease deal were Frederick Betesh and Chandler Slate from Tri State Commercial Realty. They can be contacted at [email protected] or 646-828-8928 for leasing or purchasing inquiries.
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
182333.33%
Cash-on-Cash
-52111.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93