Dollar Deals Signs Lease For Retail Space At 132 Dyckman Street, Inwood
132 Dyckman Street, Inwood, New York, NY 10040, USA
Building Size
11,250 SF
Asset Type
Retail
Closing
Oct 1, 2021
About this deal
AI
An 11,250 square foot retail space located at 132 Dyckman Street in Inwood has been leased in a closed transaction. The lease was finalized on October 1, 2021.
Summary of transaction details:
- Property Type: Retail
- Market: Inwood
- Address: 132 Dyckman Street
The landlord of the property is Jem Realty, represented by Alan Jemal. The tenant, Dollar Deals, has secured the lease. The deal was facilitated by brokers Marc Sitt and Solomon Sharaby from KSR.
The lease for the retail space was signed with an asking rent of $40 per square foot.
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