Jonathan Nagin Leases Retail Space To Gyro City At 99 Macdougal Street In West Village
99 Macdougal Street
$240
$240/SF
Building Size
500 SF
Asset Type
Retail
Closing
Sep 20, 2024
AI
This retail asset is located at 99 Macdougal Street in the West Village neighborhood of Manhattan. The property encompasses a total space of 500 square feet and has an asking rent of $240 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $240/ft
- Square Footage: 500
- Address: 99 Macdougal Street
- Market: West Village, Manhattan
- Landlord: Jonathan Nagin
- Tenant: Gyro City
- Landlord's Representative: Greg Goldberg - Meridian Capital Group
- Tenant's Representative: Kim Levandovsky - Retail By Mona
- Lease Type: Retail Lease
This transaction involves key representatives in the retail leasing sector. Greg Goldberg represents the landlord Jonathan Nagin through Meridian Capital Group, whereas Kim Levandovsky represents the tenant Gyro City via Retail By Mona.
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
66095.83%
Cash-on-Cash
-18890.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93