Pollo Campero Leases Retail Space At 66 West 125th Street In New York
66 West 125th Street
$144
$144/SF
Building Size
2,500 SF
Asset Type
MultiFamily
Closing
Dec 27, 2022
AI
The retail property located at 66 West 125th Street in New York has been leased to Pollo Campero. The deal was facilitated by brokers Dane Harlowe, Robert Mulholland, and Vince Sweeney from Meridian Capital Group. The property spans approximately 2,500 square feet.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $144/ft
- Square Footage: 2,500
- Address: 66 West 125th Street, New York
- Tenant: Pollo Campero
- Brokers: Dane Harlowe, Robert Mulholland & Vince Sweeney - Meridian Capital Group
The lease agreement for the retail property was successfully negotiated by Dane Harlowe, Robert Mulholland, and Vince Sweeney, who represented Pollo Campero. Meridian Capital Group played a crucial role in facilitating the deal between the tenant and the property owner.
Players
Harlem NY MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
110159.72%
Cash-on-Cash
-31483.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93