Naya Leases Retail Space At 827 3rd Avenue Represented By Cushman & Wakefield In New York City
827 3rd Avenue
Building Size
1,530 SF
Asset Type
Retail
Closing
Mar 24, 2025
About this deal
AI
The property asset involved in this lease transaction is a retail space located at 827 3rd Avenue in New York City. The leased area encompasses 1,530 square feet, with a rent set at $200 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 827 3rd Avenue
- Market: New York City
- Square Feet: 1,530
- Tenant: Naya
- Landlord: The Durst Organization
- Tenant's Representatives: Neil Seth (Cushman & Wakefield), Kathryn Cruz (Cushman & Wakefield), Jennifer Konefsky (Cushman & Wakefield)
- Landlord's Representatives: Tom Bow (The Durst Organization), Sayo Kamara (Cushman & Wakefield)
This lease was facilitated by representatives from Cushman & Wakefield, who represented the tenant Naya, while the landlord's interests were handled by a representative from The Durst Organization, alongside another representative from Cushman & Wakefield. This collaboration played a significant role in the transaction.
On the Map
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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93