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827 3rd Avenue

Updated Oct 12, 2026

Naya Leases Retail Space At 827 3rd Avenue Represented By Cushman & Wakefield In New York City
LEASEDRetail

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:

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.

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Players

Neil Seth

Cushman & Wakefield

Broker

10 deals

Broker
Douglas Durst

Douglas Durst

Durst Organization

Landlord

$1.9B

vol

14 deals

Landlord
TG
The Naya GroupTenant
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New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $200 per square foot for 1,530 square feet (2025).

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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

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