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875 Washington St, New York...

Updated Oct 29, 2024

Vans Signs Lease For 4000 Square Feet At 875 Washington St New York With ASB Real Estate Investments
LEASEDRetail

Vans Signs Lease For 4000 Square Feet At 875 Washington St New York With ASB Real Estate Investments

875 Washington St, New York, NY, 100...

Building Size

4,000 SF

Asset Type

Retail

Closing

Jul 23, 2018

About this deal

AI

The lease transaction involves a space located at 875 Washington St, New York, NY, covering a total area of 4000 square feet. The market for this property is New York, and the landlord in this transaction is ASB Real Estate Investments.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 875 Washington St, New York, NY, 100...
  • Market: New York
  • Landlord: ASB Real Estate Investments
  • Tenant: Vans
  • Landlord's Representative: Christopher Schwart - Cushman & Wakefield

The deal is facilitated by Christopher Schwart, who serves as the landlord's representative from Cushman & Wakefield, representing ASB Real Estate Investments throughout this leasing transaction with tenant Vans.

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Retail

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Players

Christopher Schwart

Cushman & Wakefield

Broker

2 deals

Broker
ASB Real Estate Investments
ASB Real Estate InvestmentsLandlord
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New York Retail Market Snapshot

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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

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