Kaufman Organization Leases Retail Space At 40 West 25th Street In New York To Hearts Of Gold
40 West 25th Street
$110
$110/SF
Building Size
6,671 SF
Asset Type
Retail
Closing
Dec 6, 2022
About this deal
AI
The retail property located at 40 West 25th Street in New York has been leased. The property has a total of 6,671 square feet and was leased for an asking rent of $110 per square foot. The transaction took place on 12/06/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 40 West 25th Street, New York
- Market: New York
- Asking Rent: $110/ft.
- Square Footage: 6,671
The landlord for this retail property is the Kaufman Organization. The tenant, Hearts Of Gold, was represented by Shah Eatemad from Root Capital. The landlord's representatives in the deal were James Famularo and Evan Roteman from Meridian Retail Leasing.
On the Map
$110
$110/SF
Retail
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Players
Hamilton 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
144209.09%
Cash-on-Cash
-41215.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93