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1 Jane Street

Mecox Partners' Loyd Gold Leases Retail Space To BonBon At 1 Jane Street In West Village
LEASEDRetail

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

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:

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.

Players

Marc Sitt

Kassin Sabbagh Realty

Broker

$272.9M

vol

64 deals

Broker
Aryeh Vilinsky
Verified Badge

Aryeh Vilinsky

Tahari Realty

Broker

63 deals

Broker

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