Mecox Partners' Loyd Gold Leases Retail Space To BonBon At 1 Jane Street In West Village
1 Jane Street
$180
$180/SF
Building Size
500 SF
Asset Type
Retail
Closing
Jan 6, 2025
About this deal
AI
The retail property located at 1 Jane Street in the West Village encompasses a leased space totaling 500 square feet. The lease was secured at an asking rent of $180 per square foot. The lease type has been classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90,000
- Landlord: Mecox Partners - Loyd Gold
- Tenant: BonBon - A Swedish Candy Co.
- Landlord's Representative: Marc Sitt - Kassin Sabbagh Realty
- Tenant's Representative: Aryeh Vilinsky - BH Realty
This transaction involved key individuals and companies including Loyd Gold representing Mecox Partners as the landlord, and Aryeh Vilinsky representing BonBon as the tenant. The representatives played crucial roles in facilitating the lease agreement for the retail space.
On the Map
$180
$180/SF
Retail
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Players
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
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93