Jolieden's Beauty Bar Leases Retail Space In Harlem For $50/ft
2590 Frederick Douglass Blvd, New York, NY 10030, USA
Building Size
1,500 SF
Asset Type
Other
Closing
Dec 7, 2020
About this deal
AI
A lease transaction was recently closed in Harlem, specifically at 2590 Frederick Douglass Boulevard. The retail space, spanning 1,500 square feet, was leased by Jolieden's Beauty Bar. The property is owned by Harold Kaufman.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Asking Rent: $50 per square foot
- Date: 12/08/2020
- Market: Harlem
Jolieden's Beauty Bar secured the lease through the representation of brokers James Famularo, Dane Harlowe, and Jack Mosseri from Meridian Capital Group.
Traded’s record for 2590 Frederick Douglass Blvd, New York, NY 10030, USA in New York, New York covers a other lease from 2020. Published size for 2590 Frederick Douglass Blvd, New York, NY 10030, USA is 1,500 square feet. Jack Mosseri, Dane Harlowe, James Famularo, Harold Kaufman appear on the lease alongside Meridian Capital Group. This page is the New York, New York file for the 2590 Frederick Douglass Blvd, New York, NY 10030, USA other leased: pricing, party profiles, and other closed other comps from the same New York sit in the Market section below. Filter that New York other set by closing date to see what else leased near 2590 Frederick Douglass Blvd, New York, NY 10030, USA around 2020. Cite this Jolieden's Beauty Bar Leases Retail Space In Harlem For $50/ft lease when underwriting similar other product around New York, New York.
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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