SOM JAI NUK INC Leases Retail Space At 955 Second Avenue In New York
955 2nd Avenue
$111
$111/SF
Building Size
2,700 SF
Asset Type
Retail
Closing
Jan 19, 2023
About this deal
AI
SOM JAI NUK INC has signed a lease for a retail space located at 955 Second Avenue in New York. The property spans approximately 2,700 square feet and the lease term is for 12 years. The asking rent for the space is $111 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 955 Second Avenue
- Market: New York
The lease was brokered by Garrett Kelly from the Meridian Capital Group, representing SOM JAI NUK INC.
Players
Pinole 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
142909.91%
Cash-on-Cash
-40844.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93