LEASEDRetail
Coach Signs Long-Term Lease For 13,200 Square Feet At Olympic Tower In Manhattan
645 5th Avenue
Building Size
13,200 SF
Asset Type
Retail
Closing
May 4, 2026
About this deal
AI
No summary available.
Players
Crown AcquisitionsLandlord
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93