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:
- Property Type: Retail
- Transaction Amount: $30/ft
- Lease Type: Single Net Lease
- Landlord: Sand Management NY
- Tenant: Amsterdam Physical Therapy
- Landlord's Representative: Joaquin Carrillo - Meridian Capital Group
- Tenant's Representative: Max Freudenberger - Meridian Capital Group
- Brokers: Noam Aziz - Meridian Capital Group
- Brokers: Daniel Zacaim - Meridian Capital Group
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
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