Updated Oct 21, 2026
Adam Amsalem Leases 1,000 SF Commercial Space To Upscale Delicatessen At 2121 Frederick Douglass Blvd
2121 Frederick Douglass Boulevard
$102
$102/SF
Building Size
1,000 SF
Asset Type
Commercial
Closing
Aug 15, 2026
About this deal
AI
The property involved in this transaction is a commercial lease located at 2121 Frederick Douglass Boulevard in Manhattan. The asking rent for the asset is $102 per square foot, and it encompasses a total of 1,000 square feet. The lease term agreed upon is for 10 years, categorized as a Double Net Lease.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $102/ft
- Lease Term: 10 Years
- Lease Type: Double Net Lease
- Landlord: Adam Amsalem
- Tenant: Upscale Delicatessen
- Brokers: Aryeh Vilinsky & Abraham Cohen - Tahari Realty
The key representatives in this transaction include Aryeh Vilinsky and Abraham Cohen, who represent the interests of the landlord and tenant through their association with Tahari Realty. Their involvement signifies a crucial role in facilitating the lease agreement for the upscale delicatessen in Manhattan.
On the Map
$102
$102/SF
Commercial
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
155519.61%
Cash-on-Cash
-44447.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93