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827 3rd Avenue

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

$200

$200/SF

Building Size

1,530 SF

Asset Type

Retail

Closing

Mar 24, 2025

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.

Players

Neil Seth

Cushman & Wakefield

Broker

10 deals

Broker
Durst Organization
Durst OrganizationLandlord

Jody Durst

Durst Organization

Landlord

11 deals

Landlord

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