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3 Great Jones Street

Updated Sep 11, 2026

Bilt advertisement
IV Nutrition Signs 10-Year Modified Gross Lease At 3 Great Jones Street With Premier Equities
LEASEDRetail

IV Nutrition Signs 10-Year Modified Gross Lease At 3 Great Jones Street With Premier Equities

3 Great Jones Street

$300

$300/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Sep 2, 2026

About this deal

AI

3 Great Jones Street is a retail asset located in the NoHo market. The property has an asking rent of $300 per square foot and encompasses a total of 1,500 square feet. The lease term agreed upon is for 10 years, structured as a modified gross lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $300/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Premier Equities
  • Tenant: IV Nutrition
  • Landlord's Rep: David Jacobi - Premier Equities
  • Tenant's Rep: Owen Toland - Serhant
  • Square Footage: 1,500

David Jacobi represents Premier Equities as the landlord in this transaction, while Owen Toland represents IV Nutrition as the tenant. The tenant’s representative has indicated that IV Nutrition is actively seeking additional sites in Manhattan, and interested parties can reach out to ot@serhant.com for the specific criteria.

Players

Owen Toland

Serhant

Broker

3 deals

Broker
David Jacobi

David Jacobi

Premier Equities

Landlord

1 deal

Landlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $300 per square foot on a published $300 for 1,500 square feet (2026).

Visit Owen Toland to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

52876.67%

Cash-on-Cash

-15112.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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