Vuori Secures Decade-Long Retail Lease In Upper East Side NYC With Ripco And Accelerator Brokers
1153 Madison Avenue
Building Size
3,200 SF
Asset Type
Retail
Closing
Dec 18, 2023
About this deal
AI
Athletic apparel brand Vuori has secured a decade-long retail space at 1153 Madison Avenue in the Upper East Side. The property, spanning 3,200 square feet, will serve as Vuori's second location in New York City.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1153 Madison Avenue
- Market: Upper East Side
- Square Footage: 3,200
The deal was facilitated by brokers Lindsay Zegans and Richard Skulnik from Ripco, as well as Marc Huberman from Accelerator.
Traded’s record for 1153 Madison Avenue in New York, New York covers a retail lease from 2023. The building is 3,200 square feet, implying about 0 per square foot on the published price. Richard Skulnik, Lindsay Zegans, Marc Huberman, Ripco appear on the lease alongside Ripco, Accelerator Advisors. This page is the New York, New York file for the 1153 Madison Avenue retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 1153 Madison Avenue around 2023. Cite this Vuori Secures Decade-Long Retail Lease In Upper East Side NYC With Ripco And Accelerator Brokers lease when underwriting similar retail product around New York, New York.
Players
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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