Dunkin' Jimmy John's Leases Retail Space At 55 West 14th Street For $125/ft
55 West 14th Street
$125
$125/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Mar 1, 2026
About this deal
AI
The retail property located at 55 West 14th Street in Manhattan has been leased. The asset spans 3,000 square feet and is being leased under a Modified Gross Lease for an asking rent of $125 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $375,000
- Address: 55 West 14th Street
- Landlord: Milford Management
- Tenant: Dunkin' / Jimmy John's
- Tenant's Representative: Evan Schuckman - Ripco
- Lease Type: Modified Gross Lease
The landlords, Milford Management, have entered into a lease agreement with the tenants, Dunkin' and Jimmy John's. Evan Schuckman of Ripco represents the interests of the tenants in this transaction.
On the Map
$125
$125/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
126904.00%
Cash-on-Cash
-36269.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93