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45 Wall Street

TF Cornerstone Leases Retail Space To Barry's Boot Camp At 45 Wall Street For 10 Years
LEASEDRetail

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

Daniyel Cohen

RTL Real Estate

Broker

9 deals

Broker
TF Cornerstone
TF CornerstoneLandlord

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