Waffle House Leases Retail Space In Inwood From Landlord Susan Wu On Dyckman Street
103 Dyckman Street
$70
$70/SF
Building Size
1,050 SF
Asset Type
Retail
Closing
May 23, 2024
AI
The retail property located at 103 Dyckman Street in the Inwood market was leased to Waffle House. The lease, facilitated by Tenant's Representative Freddy Souid & Josh Vilinsky from KSR, was managed by Landlord Susan Wu, with Landlord's Representative Mia Abdouh from RM Friedland overseeing the transaction. The retail lease had an asking rent of $70 per square foot for a total of 1,050 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 103 Dyckman Street
- Market: Inwood
- Tenant: Waffle House
- Tenant's Rep: Freddy Souid & Josh Vilinsky - KSR
- Landlord: Susan Wu
- Landlord's Rep: Mia Abdouh - RM Friedland
- Asking Rent: $70/ft
- Square Footage: 1,050
- Lease Type: Retail Lease
Freddy Souid & Josh Vilinsky's representation of Waffle House and the involvement of Mia Abdouh from RM Friedland in negotiating the lease showcase the key individuals and companies behind the deal. The collaboration between the Tenant's Rep and the Landlord's Rep played a crucial role in finalizing the retail lease agreement for the property in Inwood.
Players
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93