Danielle Frankel Leases Retail Space At 6 Harrison Street In Tribeca From Joseph McDonnell
6 Harrison Street
Building Size
13,267 SF
Asset Type
Retail
Closing
Apr 11, 2025
AI
The retail asset located at 6 Harrison Street in Tribeca has a total square footage of 13,267. The property has been leased, although it is unclear if this involves a new shop or a relocation from the Garment District studio.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 6 Harrison Street
- Market: Tribeca
- Landlord: Joseph McDonnell - Cirrus Real Estate Partners
- Tenant: Danielle Frankel
- Tenant's Representative: Noah Jay
This lease transaction involves Danielle Frankel, a bridal label, signifying a significant real estate move in the Tribeca market. The representation for the tenant was handled by Noah Jay, providing expertise in securing the lease for the property.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93