Meridian Retail Leasing Secures Lease For Retail Space At 1758 First Avenue In New York
1758 First Avenue
$145
$145/SF
Building Size
500 SF
Asset Type
Retail
Closing
Oct 21, 2022
About this deal
AI
The retail property located at 1758 First Avenue in New York has been leased. The transaction was facilitated by Andrew Ingber from Meridian Retail Leasing.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Lease
- Asking Rent: $145/ft.
- Square Footage: 500
- Address: 1758 First Avenue
- Market: New York
Andrew Ingber, representing Meridian Retail Leasing, played a key role in the lease agreement.
The retail lease at 1758 First Avenue in Fonda, New York leased for $145 in 2022. The building is 500 square feet, implying about 145 per square foot on the published price. Andrew Ingber, Meridian Capital Group appear on the lease alongside Meridian Capital Group. This page is the Fonda, New York file for the 1758 First Avenue retail leased: pricing, party profiles, and other closed retail comps from the same Fonda sit in the Market section below. Filter that Fonda retail set by closing date to see what else leased near 1758 First Avenue around 2022. Published consideration for 1758 First Avenue is $145, dated 2022. Cite this Meridian Retail Leasing Secures Lease For Retail Space At 1758 First Avenue In New York lease when underwriting similar retail product around Fonda, New York.
Players
Fonda 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
109400.00%
Cash-on-Cash
-31266.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93