Updated Oct 28, 2024
Tom Brady & Bruce Herman Lease Pizza Hut Space At 1980 Amsterdam Ave
1980 Amsterdam Avenue, New York, NY 10032
Building Size
1,100 SF
Asset Type
MultiFamily
Closing
Dec 14, 2021
About this deal
AI
Howard Lev has leased the multifamily property located at 1980 Amsterdam Ave to Pizza Hut. The lease was finalized on 12/14/2021, with an asking rent of $61 per square foot for a space measuring 1,100 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
Tom Brady, from Douglas Elliman, represented the landlord, Howard Lev, in this lease transaction. Bruce Herman, from Booth Capital, acted as the tenant's representative for Pizza Hut.
Traded’s record for 1980 Amsterdam Avenue, New York, NY 10032 in New York, New York covers a multifamily lease from 2021. Published size for 1980 Amsterdam Avenue, New York, NY 10032 is 1,100 square feet. Bruce Herman, Tom Brady, Booth Street, Douglas Elliman appear on the lease alongside Booth Street, Douglas Elliman. This page is the New York, New York file for the 1980 Amsterdam Avenue, New York, NY 10032 multifamily leased: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else leased near 1980 Amsterdam Avenue, New York, NY 10032 around 2021. Cite this Tom Brady & Bruce Herman Lease Pizza Hut Space At 1980 Amsterdam Ave lease when underwriting similar multifamily product around New York, New York.
Players
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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