BAGGU Leases 2400 Square Feet At 91 Grand St New York From 91 Grand Street LLC
91 Grand St, New York, NY, 10013
Building Size
2,400 SF
Asset Type
Retail
Closing
Apr 20, 2022
AI
The property involved in this lease transaction is located at 91 Grand St, New York, NY, 10013. The leased space encompasses a total of 2,400 square feet and is situated within the New York market. The landlord for this property is 91 Grand Street LLC, and the transaction signifies a leasing agreement rather than a sale.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 91 Grand St, New York, NY, 10013
- Square Feet: 2400
- Landlord: 91 Grand Street LLC
- Tenant: BAGGU
- Landlord's Representative: Jane McVerry
In this transaction, BAGGU has secured a lease for the specified premises, represented by Jane McVerry, who acts on behalf of the landlord, 91 Grand Street LLC. This arrangement highlights the involvement of key parties in this leasing transaction without the necessity of additional context regarding pricing or financing.
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