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
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.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93