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1345 Amsterdam Avenue

Updated Oct 28, 2024

Amsterdam Avenue Exotics LLC Leases Retail Space At 1345 Amsterdam Avenue In New York With Brokers Dane Harlowe & Alec Namdar - Meridian Retail Leasing
LEASEDRetail

Amsterdam Avenue Exotics LLC Leases Retail Space At 1345 Amsterdam Avenue In New York With Brokers Dane Harlowe & Alec Namdar - Meridian Retail Leasing

1345 Amsterdam Avenue

$90

$90/SF

Building Size

700 SF

Asset Type

Retail

Closing

Aug 24, 2022

About this deal

AI

Amsterdam Avenue Exotics LLC has signed a lease for a retail space located at 1345 Amsterdam Avenue in New York. The property spans 700 square feet and the asking rent was $90 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 1345 Amsterdam Avenue
  • Market: New York

The lease deal was facilitated by brokers Dane Harlowe and Alec Namdar from Meridian Retail Leasing.

The retail lease at 1345 Amsterdam Avenue in New York, New York leased for $90 in 2022. The building is 700 square feet, implying about 90 per square foot on the published price. Alec Namdar, Dane Harlowe, Meridian Capital Group appear on the lease alongside Meridian Capital Group. This page is the New York, New York file for the 1345 Amsterdam Avenue retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 1345 Amsterdam Avenue around 2022. Published consideration for 1345 Amsterdam Avenue is $90, dated 2022. Cite this Amsterdam Avenue Exotics LLC Leases Retail Space At 1345 Amsterdam Avenue In New York With Brokers Dane Harlowe & Alec Namdar - Meridian Retail Leasing lease when underwriting similar retail product around New York, New York.

Players

Dane Harlowe

Meridian Capital Group

Broker

$1.8M

vol

68 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $90 per square foot on a published $90 for 700 square feet (2022).

Visit Alec Namdar to view all their deals.

Browse New York retail leases on Traded.

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

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