Goswick Leases Retail Space At 280 Third Avenue In Gramercy
280 3rd Ave Gramercy, New York City, Ny 10010
$102
$102/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
May 26, 2023
AI
The retail space located at 280 Third Avenue in the Gramercy market has been leased. The landlord, ABS Partners, has entered into an agreement with the tenant, Goswick. The transaction was facilitated by the tenant's representatives, Carolina Aziz, Madeleine Soffer, and Ike Bibi from KSR, and the landlord's representatives, Cooper Katz and Mark Tergesen from ABS Partners Real Estate. The lease is for a total of 1,100 square feet of space.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not applicable
- Address: 280 Third Avenue
- Market: Gramercy
Carolina Aziz, Madeleine Soffer, and Ike Bibi from KSR represented Goswick as their tenant's representatives in the lease transaction. Cooper Katz and Mark Tergesen from ABS Partners Real Estate acted as the landlord's representatives. The asking rent for the retail space was $102 per square foot.
Players
Greater Sudbury 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
155519.61%
Cash-on-Cash
-44447.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93