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966 Ave of the Americas, Ne...

Updated Oct 29, 2024

Pollo Campero Leases Retail Space At 966 Ave Of The Americas, NYC
LEASEDRetail

Pollo Campero Leases Retail Space At 966 Ave Of The Americas, NYC

966 Ave of the Americas, New York, N...

Building Size

5,400 SF

Asset Type

Retail

Closing

Jan 5, 2021

About this deal

AI

The retail property located at 966 Ave of the Americas, New York, consists of 5400 square feet and was leased on 01/05/2021. The tenant, Pollo Campero, entered into an agreement with the landlord, Metropolitan Impex, for this space.

Summary of transation details:

Vince Sweeney from Meridian Capital Group represented the tenant, Pollo Campero, in the lease transaction at 966 Ave of the Americas. The landlord, Metropolitan Impex, finalized the deal with Pollo Campero for the 5400 square feet retail space.

On the Map

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Players

Vince Sweeney

Meridian Capital Group

Broker

8 deals

Broker
PC
Pollo CamperoTenant

Market 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

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