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47 North 3rd Street

Dafina Company Leases Retail Space At 47 North 3rd Street Philadelphia, PA
LEASEDRetail

Dafina Company Leases Retail Space At 47 North 3rd Street Philadelphia, PA

47 North 3rd Street

$30

$30/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Dec 8, 2022

AI

The retail property located at 47 North 3rd Street in Philadelphia, PA has been leased. The property spans approximately 1,000 square feet and was leased by the tenant, Dafina Company. The landlord, Ezra Green, was represented by Jack Mishaan from BH Realty Group. The asking rent for the lease was $30 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Date: 12/08/2022
  • Address: 47 North 3rd Street, Philadelphia, PA
  • Market: Philadelphia, PA
  • Tenant: Dafina Company
  • Landlord: Ezra Green
  • Broker: Jack Mishaan - BH Realty Group

BH Realty Group is a full-service residential and commercial brokerage that specializes in exclusive leasing and sales. They prioritize building strong relationships with their clients and provide advice to owners and developers on how to maximize growth potential for their assets.

For owners, BH Realty Group offers complimentary market updates, comp/pricing reports, and construction/renovation consultations. Brokers interested in enhancing their real estate skill set and working with exclusive listings can also reach out to BH Realty Group for career opportunities.

Players

Jack Mishaan

Kassin Sabbagh Realty

Broker

10 deals

Broker

Philadelphia 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

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93