Ishta Yoga Leases Retail Space In Union Square, NYC
812 Broadway, New York City, New York 10003, United States
Building Size
5,100 SF
Asset Type
Retail
Closing
Nov 30, 2021
About this deal
AI
813 Broadway, located in Union Square, has recently been leased for retail purposes. The property spans 5,100 square feet and was leased on November 30, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 11/30/2021
- Market: Union Square
- Address: 812 Broadway
- Asking Rent: $200/ft.
The landlord, Solil Management, has successfully leased the property to Ishta Yoga. Mona Anand, Alan Finger, and Sarah Platt Finger will be opening their yoga studio in this location. The tenant's representative in this deal is Brandon Singer and Sara Armet from Retail By MONA.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93