Gorillas NYC Battery Park Leases Retail Space At 90 West Street In FiDi
90 West Street, New York, NY 10006, USA
Building Size
3,390 SF
Asset Type
Retail
Closing
May 21, 2020
AI
A lease agreement has been finalized for a retail space at 90 West Street in the Financial District (FiDi) of New York City. The transaction took place on May 21, 2021. The property, spanning 3,390 square feet, is located in a prime market area.
Summary of transaction details:
- Property Type: Retail
- Address: 90 West Street, FiDi, New York City
- Tenant: Gorillas NYC Battery Park
- Landlord: IGI Group - Dan Oelsner
- Tenant's Representative: RIPCO
- Landlord's Representatives: James Famularo, Yoni Hadar & Scott McAnney - Meridian Retail Leasing
- Asking Rent: $95 per square foot
Gorillas NYC Battery Park 🦍 is the tenant that has secured the lease for this retail space. The landlord, IGI Group, represented by Dan Oelsner, finalized the deal. The tenant was represented by RIPCO, while the landlord was represented by James Famularo, Yoni Hadar, and Scott McAnney from Meridian Retail Leasing.
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