Complete Wash Laundromat Leases 2400 SF Retail Space At 17 East 125th Street
17 East 125th Street
$100
$100/SF
Building Size
2,400 SF
Asset Type
Retail
Closing
Sep 15, 2025
AI
The property asset involved in this transaction is a retail space located at 17 East 125th Street in Harlem. The leased space has a total square footage of 2,400 and is being occupied by Complete Wash Laundromat. The asking rent for this property was set at $100 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $240,000
- Lease Type: Retail Lease
- Tenant: Complete Wash Laundromat
- Brokers: Freddy Souid, Jack Hamadani & Isaac Cooper - KSR
- Date: 9/15/2025
The brokers representing the transaction are Freddy Souid, Jack Hamadani, and Isaac Cooper from KSR. They were responsible for facilitating the lease agreement and ensuring the process ran smoothly for all parties involved in the deal.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93