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965 Amsterdam Avenue

Adam Amsalem Leases Mixed-use Property To 4077 Laundromat At 965 Amsterdam Avenue
LEASEDMixed-use

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

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.

Players

Aryeh Vilinsky
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Aryeh Vilinsky

Tahari Realty

Broker

63 deals

Broker

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