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66 West 125th Street

Pollo Campero Leases Retail Space At 66 West 125th Street In New York
LEASEDMultiFamily

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

Dane Harlowe

Meridian Capital Group

Broker

$1.8M

vol

68 deals

Broker
PC
Pollo CamperoTenant

Harlem NY MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

Loading comparables…

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