Amit Stern Leases Retail Space To Rosa Tax Service At 2015 Amsterdam Avenue In Manhattan
2015 Amsterdam Avenue
$60
$60/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jul 21, 2025
AI
The asset involved in this transaction is a retail space located at 2015 Amsterdam Avenue in Manhattan. It has a total square footage of 2,000 and a modified gross lease was agreed upon, with an asking rent of $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120,000
- Address: 2015 Amsterdam Avenue
- Market: Manhattan
- Lease Type: Modified Gross Lease
- Landlord: Amit Stern
- Tenant: Rosa Tax Service
- Broker: Joey Kafif - Safdie Realty Group
Joey Kafif from Safdie Realty Group facilitated this lease transaction, representing the interests of both the landlord and the tenant. Safdie Realty Group specializes in landlord and tenant representation across various boroughs, including Brooklyn, Bronx, Manhattan, Queens, and Staten Island.
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
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93