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162 Dyckman Street

Verizon Wireless Signs Retail Lease At 162 Dyckman Street With Landlord Jane Goldman
LEASEDRetail

Verizon Wireless Signs Retail Lease At 162 Dyckman Street With Landlord Jane Goldman

162 Dyckman Street

$75

$75/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Oct 15, 2024

AI

The asset involved in this transaction is a retail property located at 162 Dyckman Street in the Inwood market. The property features a lease asking rent of $75 per square foot for a total area of 1,200 square feet.

Summary of transaction details:

This transaction involved key individuals including landlord Jane Goldman and tenant Verizon Wireless. The brokerage team consisted of Solomon Sharaby, Selim Sabbagh, and Albert Manopla from KSR, who facilitated the lease agreement.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker

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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93