LEASEDRetail
Nia The Loc God Leases Retail Space In South Harlem At 183 Lenox Ave. With Brokers Skyler Gironda & Anthony Rosato
183 Lenox Avenue, New York, NY 10026, USA
Building Size
1,200 SF
Asset Type
Retail
Closing
Aug 31, 2021
AI
The retail property located at 183 Lenox Ave in South Harlem has been leased. The transaction was finalized on 08/31/2021.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $48/ft.
- Square Footage: 1,200 SF
- Address: 183 Lenox Ave.
- Market: South Harlem
The tenant for this lease is Nia The Loc God. The leasing process was facilitated by brokers Skyler Gironda and Anthony Rosato from FriedmanRoth.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93