Tahari Capital Leases Mixed-Use Space At 303 West 116th Street To Dough & Doses For $92/ft
303 West 116th Street
$92
$92/SF
Building Size
1,000 SF
Asset Type
Mixed-use
Closing
May 31, 2026
AI
The property involved in this transaction is a mixed-use asset located at 303 West 116th Street in the Harlem market of Manhattan. The asking rent was set at $92 per square foot for a space measuring 1,000 square feet. The lease term for this agreement spans 10 years, structured as a modified gross lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $92/ft
- Square Footage: 1,000
- Address: 303 West 116th Street
- Market: Harlem, Manhattan
- Landlord: Tahari Capital
- Tenant: Dough & Doses
- Brokers: Jack Sash Basora, Joshua Azizian & Mark Golberg - Tahari Realty
- Lease Term: 10 years
- Lease Type: Modified Gross Lease
The key individuals involved in this deal include brokers Jack Sash Basora, Joshua Azizian, and Mark Golberg, all representing Tahari Realty in this transaction. They played an essential role in facilitating the lease agreement between the landlord, Tahari Capital, and the tenant, Dough & Doses.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
172423.91%
Cash-on-Cash
-49279.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93