Honeygrow Leases 2984 Square Feet At 285 Madison Ave With Tenant's Rep Casey Pollock
285 Madison Ave, New York, NY, 10017
$350
$350/SF
Building Size
2,984 SF
Asset Type
Retail
Closing
Mar 29, 2017
AI
The transaction involves a lease at 285 Madison Ave, New York, NY, 10017, within the New York market. The space spans 2,984 square feet and has a rent rate of $350 per square foot.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 285 Madison Ave, New York, NY, 10017
- Market: New York
- Tenant: Honeygrow
- Landlord: RFR Realty
- Tenant's Rep: Casey Pollock, Douglas Green - MSC Retail
- Landlord's Rep: Jordan S. Claffey - RFR Retail
- Square Feet: 2,984
- Rent/SF: $350
Key representatives involved in this transaction include Casey Pollock and Douglas Green, who represent the tenant, Honeygrow, while Jordan S. Claffey represents the landlord, RFR Realty.
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
45322.86%
Cash-on-Cash
-12953.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93