Adam Amsalem Leases Mixed-use Property To 4077 Laundromat At 965 Amsterdam Avenue
965 Amsterdam Avenue
$132
$132/SF
Building Size
1,000 SF
Asset Type
Mixed-use
Closing
May 31, 2026
About this deal
AI
The property asset involved in this lease transaction is located at 965 Amsterdam Avenue in the Upper West Side market. It is a mixed-use property with an asking rent of $132 per square foot for a total area of 1,000 square feet. The lease term is set for 10 years under a modified gross lease structure.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $132/ft
- Square Footage: 1,000
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Adam Amsalem
- Tenant: 4077 Laundromat
- Broker: Aryeh Vilinsky - Tahari Realty
Key individuals involved in this transaction include Adam Amsalem, the landlord, and 4077 Laundromat, the tenant. The broker representing the deal is Aryeh Vilinsky from Tahari Realty, facilitating the lease agreement between the two parties.
On the Map
$132
$132/SF
Mixed-use
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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
120174.24%
Cash-on-Cash
-34346.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93