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20 East 125th Street

Donaldson & Chilliest Leases Retail Space At 20 East 125th Street In South Harlem, Manhattan
LEASEDMultiFamily

Donaldson & Chilliest Leases Retail Space At 20 East 125th Street In South Harlem, Manhattan

20 East 125th Street

$34

$34/SF

Building Size

1,100 SF

Asset Type

MultiFamily

Closing

Sep 22, 2023

AI

The retail property located at 20 East 125th Street in South Harlem, Manhattan has been leased. The asset spans a total of 1,100 square feet, with an asking rent of $34.91 per square foot.

Summary of Transaction Details

  • Property Type: Retail
  • Asking Rent: $34.91/ft
  • Square Footage: 1,100
  • Address: 20 East 125th Street, South Harlem, Manhattan

Eduard Kandinov of Golden Harlem is the landlord for this lease. The tenant is Donaldson & Chilliest. Mava Capital Holdings represented the landlord in this transaction, while Dane Harlowe from Meridian Capital Group served as the tenant's representative.

Players

Dane Harlowe

Meridian Capital Group

Broker

$1.8M

vol

68 deals

Broker

Eduard Kandinov

Landlord

$2M

vol

2 deals

Landlord

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

466558.82%

Cash-on-Cash

-133343.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93