Harris Bulow Represents Tenant In Lease Transaction With JTRE Holdings At 8 W 28th St NYC
8 W 28th St, New York, NY, 10001
$103
$103/SF
Building Size
6,300 SF
Asset Type
Retail
Closing
Jul 18, 2018
AI
The property involved in this lease transaction is located at 8 W 28th St, New York, NY, 10001. It encompasses a space of 6,300 square feet and has a rent of $103 per square foot within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Disclosed
- Address: 8 W 28th St, New York, NY, 10001
- Market: New York
- Square Feet: 6300
- Rent/SF: 103
- Tenant: Not Disclosed
- Landlord: JTRE Holdings
- Tenant's Representative: Harris Bulow
- Landlord's Representative: Jack Terzi-JTRE Holdings
In this transaction, JTRE Holdings acts as the landlord, while Harris Bulow represents the tenant's interests. Jack Terzi from JTRE Holdings is involved as the landlord's representative, facilitating this lease agreement within the competitive New York real estate market.
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
154009.71%
Cash-on-Cash
-44016.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93