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75 Warren Street

AMP Entertainment Signs Lease For Single Family At 75 Warren Street In Tribeca For $80,000 Monthly
LEASEDSingle Family Residence

AMP Entertainment Signs Lease For Single Family At 75 Warren Street In Tribeca For $80,000 Monthly

75 Warren Street

$80,000

$80,000/SF

Building Size

10,000 SF

Asset Type

Single Family Residence

Closing

Jul 29, 2024

AI

The property asset involved in this transaction is a single-family dwelling located at 75 Warren Street in the Tribeca market. The asset comprises 10,000 square feet and was leased under a single net lease agreement. The asking rent was set at $95 per square foot, leading to a monthly rent of $80,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $80,000 monthly rent
  • Address: 75 Warren Street
  • Market: Tribeca
  • Square Footage: 10,000
  • Tenant: AMP Entertainment
  • Tenant's Representatives: Cyrus Eyn - R New York
  • Lease Type: Single Net Lease

Key individuals involved in the deal include tenants Kai Cenat, Escanio Pena, Christopher Dumbo, Dennis Denzel, Din Mukhtar, and David Doods, representing AMP Entertainment. Cyrus Eyn, with 25 years of experience, facilitated the transaction and specializes in off-market rentals and sales.

Players

Cyrus Eyn

Broker

3 deals

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

198.29%

Cash-on-Cash

-56.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93