facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

108 Crosby St, New York, NY...

Milk Makeup Leases 17586 Square Feet At 108 Crosby St, New York From Allied Partners
LEASEDRetail

Milk Makeup Leases 17586 Square Feet At 108 Crosby St, New York From Allied Partners

108 Crosby St, New York, NY, 10012

Building Size

17,586 SF

Asset Type

Retail

Closing

Nov 20, 2023

AI

The property located at 108 Crosby St, New York, NY, 10012, encompasses 17,586 square feet. It is situated in the New York market and is managed by the landlord, Allied Partners.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Square Feet: 17,586
  • Address: 108 Crosby St, New York, NY, 10012
  • Market: New York
  • Landlord's Representative: Jared Epstein
  • Tenant: Milk Makeup

The deal involves key players including the landlord, Allied Partners, and tenant Milk Makeup, with representation by Jared Epstein. This transaction highlights the involvement of these specific entities in the lease agreement.

Players

Jared Epstein

Broker

$345M

vol

6 deals

Broker
AP
Allied PartnersLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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