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53 West 28th Street

Lavender City Vintage Clothing Leases Retail Space From Time Century Holdings At 53 West 28th Street
LEASEDRetail

Lavender City Vintage Clothing Leases Retail Space From Time Century Holdings At 53 West 28th Street

53 West 28th Street

$100

$100/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jun 18, 2026

AI

This retail asset is located at 53 West 28th Street in the Manhattan market. The property has a total square footage of 1,000 and is leased under a Modified Gross Lease. The asking rent for the space is $100 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $100/ft
  • Square Footage: 1,000
  • Address: 53 West 28th Street
  • Market: Manhattan
  • Landlord: Time Century Holdings
  • Tenant: Lavender City Vintage Clothing
  • Broker: Richard Zagranichny - Ripco

Richard Zagranichny from Ripco represents the landlord, Time Century Holdings, in this lease transaction with tenant Lavender City Vintage Clothing.

Players

Richard Zagranichny

Ripco

Broker

2 deals

Broker
TH
Time Century HoldingsLandlord

Market 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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93