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
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