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1982 Amsterdam Avenue

Amsterdam Physical Therapy Signs Lease For Retail Space At 1982 Amsterdam Avenue In Manhattan
LEASEDRetail

Amsterdam Physical Therapy Signs Lease For Retail Space At 1982 Amsterdam Avenue In Manhattan

1982 Amsterdam Avenue

$30

$30/SF

Building Size

2,800 SF

Asset Type

Retail

Closing

Jun 18, 2026

AI

The property involved in this lease transaction is a retail asset located at 1982 Amsterdam Avenue in Manhattan. The asking rent for the space is set at $30 per square foot, with a total area of 2,800 square feet. The lease type for this transaction is a single net lease.

Summary of transaction details:

This transaction features representation from broker Joaquin Carrillo of Meridian Capital Group, who is acting on behalf of the landlord, Sand Management NY. The tenant, Amsterdam Physical Therapy, is represented by Max Freudenberger, also affiliated with Meridian Capital Group. Additional broker support is provided by Noam Aziz and Daniel Zacaim, both from Meridian Capital Group, contributing to the successful lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

238 deals

Broker

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

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93