LEASEDRetail
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
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.
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