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
About this deal
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
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