Asia Prime Market Leases Mixed-Use Space At 5055 Broadway Inwood For $90/ft
5055 Broadway
$90
$90/SF
Building Size
1,700 SF
Asset Type
Mixed-use
Closing
May 24, 2026
About this deal
AI
This mixed-use asset located at 5055 Broadway in Inwood, Manhattan has a total square footage of 1,700. The asking rent for this property is $90 per square foot. It is being leased under a modified gross lease with a term of 10 years.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 5055 Broadway
- Market: Inwood, Manhattan
- Landlord: Timber Equities
- Tenant: Asia Prime Market
- Broker: Aryeh Vilinsky - Tahari Realty
- Lease Type: Modified Gross Lease
- Lease Term: 10 Years
- Asking Rent: $90/ft
- Square Footage: 1,700
The transaction features the involvement of Timber Equities as the landlord and Asia Prime Market as the tenant. Aryeh Vilinsky from Tahari Realty acted as the broker representing this lease deal.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93