CPN Medical Leases Retail Space At 111 Central Park N. In Harlem
111 Central Park North, New York City, New York 10026, United States
Building Size
1,350 SF
Asset Type
Retail
Closing
Dec 10, 2021
About this deal
AI
CPN Medical has signed a lease for a retail space located at 111 Central Park N in Harlem. The property spans 1,350 square feet and was leased on December 10, 2021. The asking rent for this retail space was $100 per square foot.
Summary of transaction details
- Property Type: Retail
- Address: 111 Central Park N
- Market: Harlem
- Tenant: CPN Medical
- Brokers: Sholom Kanevsky & Brent LeGunn - KSR
- Date: December 10, 2021
- Asking Rent: $100/ft.
- Size: 1,350 square feet
The lease transaction was facilitated by brokers Sholom Kanevsky and Brent LeGunn of KSR. They represented CPN Medical in this deal.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93