Native Noodles Leases Retail Condo In Washington Heights At 2129 Amsterdam Ave
2129 Amsterdam Avenue, Manhattan, New York, NY, USA
Building Size
680 SF
Asset Type
Mixed-use
Closing
May 4, 2020
AI
The retail condo located at 2129 Amsterdam Ave in Washington Heights was recently leased to Native Noodles. The leasing transaction was facilitated by brokers Michael Gammal and Josh Dilamani from Leviathan Lessing. The lease was signed on 05/05/2020.
Summary of transaction details
- Property Type: Retail Condo
- Address: 2129 Amsterdam Ave
- Market: Washington Heights
- Tenant: Native Noodles
- Landlord: Jimmy Soufian
- Brokers: Michael Gammal & Josh Dilamani - Leviathan Lessing
- Asking Rent: $65/ft.
- Square Footage: 680
The retail condo at 2129 Amsterdam Ave in Washington Heights attracted the attention of Native Noodles, who decided to lease the space. The leasing transaction was successfully facilitated by Michael Gammal and Josh Dilamani from Leviathan Lessing. The lease was signed on 05/05/2020. With an asking rent of $65 per square foot, the retail condo offers a total area of 680 square feet. Jimmy Soufian, the landlord, sealed the deal with Native Noodles as the new tenant.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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