TF Cornerstone Leases Retail Space To Barry's Boot Camp At 45 Wall Street For 10 Years
45 Wall Street
Building Size
9,152 SF
Asset Type
Retail
Closing
Jul 24, 2025
AI
The property asset involved is a retail space located at 45 Wall Street in the Financial District. The asset comprises 9,152 square feet of space and is leased under a modified gross lease structure. The lease term is set for 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 45 Wall Street
- Market: Financial District
- Landlord: TF Cornerstone
- Tenant: Barry's Boot Camp
- Landlord's Representatives: Steven E. Baker, Thomas Galo & Daniyel Cohen - RTL Real Estate; Neal Ohm - Newmark
- Lease Type: Modified Gross Lease
- Lease Term: 10 Years
This transaction features a collaborative effort of multiple representatives including Steven E. Baker, Thomas Galo, and Daniyel Cohen from RTL Real Estate, along with Neal Ohm from Newmark, who facilitated the lease agreement between TF Cornerstone and Barry's Boot Camp.
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