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1001 Columbus Avenue, New Y...

Real Taco LLC Leases Retail Space On Upper West Side For $108,000/yr, Represented By Albert Halawani & Daniel Kestenbaum - KSR
LEASEDRetail

Real Taco LLC Leases Retail Space On Upper West Side For $108,000/yr, Represented By Albert Halawani & Daniel Kestenbaum - KSR

1001 Columbus Avenue, New York, NY 10025

Building Size

1,200 SF

Asset Type

Retail

Closing

Nov 1, 2021

AI

The retail property located at 1001 Columbus Ave in the Upper West Side of New York City has been leased. The lease transaction took place on 11/01/2021. The asset consists of 1,200 square feet of space and is situated in a prime location in the Upper West Side market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Date: 11/01/2021
  • Address: 1001 Columbus Ave
  • Market: Upper West Side
  • Asking Rent: $90/ft.
  • Square Footage: 1,200

The landlord of the property is Andy Roo, while the tenant is Real Taco LLC. Representing the tenant in this deal are Albert Halawani and Daniel Kestenbaum from KSR. Cooper Katz from ABS Partners Real Estate serves as the landlord's representative.

Players

Albert Halawani

Kassin Sabbagh Realty

Broker

$445M

vol

49 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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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