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
About this deal
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.
On the Map
$350
$350/SF
Retail
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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