Calzedonia Signs Lease For 5500 Square Feet At 97 5th Ave New York With ATA Enterprises
97 5th Ave, New York, NY, 10003
Building Size
5,500 SF
Asset Type
Retail
Closing
Oct 18, 2021
AI
The property asset involved in the transaction is located at 97 5th Ave, New York, NY, 10003. This lease transaction pertains to a space consisting of 5500 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 97 5th Ave, New York, NY, 10003
- Landlord: ATA Enterprises
- Tenant: Calzedonia
- Landlord's Representative: David A. Green
- Square Feet: 5500
The deal involves key individuals and companies, with ATA Enterprises serving as the landlord and Calzedonia as the tenant. David A. Green represents the landlord in this lease transaction.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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