RFR Holding Leases 1706 Square Feet To Drybar At 300 E 46th St New York
300 E 46th St, New York, NY, 10017
Building Size
1,706 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in this lease transaction is located at 300 E 46th St, New York, NY, 10017, encompassing a total of 1,706 square feet. The market for this property is New York, and it is held by the landlord RFR Holding.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 300 E 46th St, New York, NY, 10017
- Market: New York
- Landlord's Representative: Jordan S. Claffey (RFR Retail)
- Tenant: Drybar
- Landlord: RFR Holding
- Square Feet: 1,706
The transaction involves key individuals and organizations, with Jordan S. Claffey representing RFR Retail in dealings with the tenant, Drybar, under the ownership of RFR Holding, facilitating the lease agreement for the designated space.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · 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