Bogner Leases 3,000 SF Retail Space At 755 Madison Avenue In Upper East Side
755 Madison Avenue New York, New York 10065, USA
Building Size
3,000 SF
Asset Type
Retail
Closing
Jun 29, 2023
AI
Bogner has secured a 3,000 square feet lease for its inaugural US retail store at 755 Madison Avenue on the Upper East Side.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Square Footage: 3,000
- Address: 755 Madison Avenue
- Market: Upper East Side
The lease for Bogner's first US retail store has been finalized at 755 Madison Avenue. The property is located on the Upper East Side. The lease agreement covers a retail space of 3,000 square feet.
The deal was brokered by Tom Citron of Colliers, who represented the tenant, Bogner, in securing the lease for their new retail store.
Players
Albany 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