Express Food Leases Retail Space At 130 Dyckman Street In Inwood With Landlord Alan Jemal
130 Dyckman Street
$90
$90/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Sep 1, 2022
About this deal
AI
The asset involved in this transaction is a retail space located at 130 Dyckman Street in the Inwood market. The asking rent for the property is set at $90 per square foot, with a total square footage of 3,000. The landlord of the property is Alan Jemal, while the tenant is Express Food.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Square Footage: 3,000
- Address: 130 Dyckman Street
- Market: Inwood
- Landlord: Alan Jemal
- Tenant: Express Food
- Brokers: Solomon Sharaby & Sam Chera - KSR
The deal was facilitated by brokers Solomon Sharaby and Sam Chera, who represent the landlord and tenant in this lease transaction. Their agency, KSR, played a role in negotiating and coordinating the terms of the lease agreement between Alan Jemal and Express Food.
On the Map
$90
$90/SF
Retail
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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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93