Meridian Capital Group Represents Landlord In $600,930 Retail Lease Deal In New York City
164-166 West 75th Street
$146
$146/SF
Building Size
4,105 SF
Asset Type
Retail
Closing
Jan 2, 2023
About this deal
AI
The retail property located at 164-166 West 75th Street in New York City has been leased. The asset spans a total of 4,105 square feet. The lease was facilitated by James Famularo from Meridian Capital Group, who represented the landlord, and Stu Morden from Stu Morden & Associates, who represented the tenant.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: N/A
- Asking Rent: $146/ft
- Square Footage: 4,105
- Address: 164-166 West 75th Street, New York City
The landlord in this lease transaction was represented by James Famularo from Meridian Capital Group. On the other hand, Stu Morden from Stu Morden & Associates acted as the tenant's representative. The lease for the retail space at 164-166 West 75th Street demonstrates the collaborative efforts between these two individuals and their respective agencies.
On the Map
$146
$146/SF
Retail
View full map
Players
New York City Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit James Famularo to view all their deals.
Browse New York City retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
108650.68%
Cash-on-Cash
-31052.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93