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22 Harwood Ct, Scarsdale, N...

Scarsdale Improvement Corporation - Rush Wilson II Leases Mixed-Use Property To Scent Marketing At 22 Harwood Court In Scarsdale
LEASEDMixed-use

Scarsdale Improvement Corporation - Rush Wilson II Leases Mixed-Use Property To Scent Marketing At 22 Harwood Court In Scarsdale

22 Harwood Ct, Scarsdale, NY 10583, USA

Building Size

600 SF

Asset Type

Mixed-use

Closing

Sep 28, 2020

AI

22 Harwood Court, a mixed-use property located in Scarsdale, was recently leased for an asking rent of $55 per square foot. The lease transaction was finalized on September 29, 2020. The tenant, Scent Marketing, will occupy a space of approximately 600 square feet in this prime location.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Date: September 29, 2020
  • Address: 22 Harwood Court, Scarsdale
  • Asking Rent: $55/ft.
  • Square Feet: 600

Michael Keating and Ashley Badger of Julia B. Fee Sotheby's International Realty, along with ScarsdaleLiving, represented the tenant, Scent Marketing, in this lease deal. The landlord, Scarsdale Improvement Corporation, was represented by Rush Wilson II.

Players

Ashley Badger

Sotheby's International Realty

Broker

2 deals

Broker

Scarsdale Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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