Revitta Leases Retail Condo On UES NYC's 903 Park Avenue From Landlord Jonathan Segal
903 Park Ave, New York, NY 10075, USA
Building Size
2,600 SF
Asset Type
Retail
Closing
Aug 31, 2020
About this deal
AI
A retail condo located at 903 Park Avenue in the Upper East Side (UES) was recently leased. The tenant, Revitta, will occupy the space, which spans approximately 2,600 square feet. The lease was negotiated by brokers Mike Anton and Jay Streich from Habendum Real Estate.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Date: 09/01/2020
- Address: 903 Park Avenue
- Market: UES
- Tenant: Revitta
- Landlord: Jonathan Segal
- Brokers: Mike Anton & Jay Streich - Habendum Real Estate
- Asking Rent: $83/ft.
- Square Footage: 2,600
Habendum Real Estate specializes in commercial leasing and sales, representing landlords and tenants throughout the five boroughs. For more information about this lease, please contact Habendum Real Estate at 917-261-6561.
On the Map
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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