Jose Kechek Leases Retail Space At 2050 Amsterdam Avenue To Key Food With Brokers David Green Jacky Yedid Albert Halawani
2050 Amsterdam Avenue
$65
$65/SF
Building Size
21,000 SF
Asset Type
Retail
Closing
Dec 23, 2024
AI
The property asset involved in this transaction is located at 2050 Amsterdam Avenue, situated in the Washington Heights market. This is a retail property featuring a lease type identified as a Retail Lease. The asking rent for the space is set at $65 per square foot, which encompasses a total square footage of 21,000. The landlord for this property is Jose Kechek, and the tenant entered into the lease agreement is Key Food.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $65/ft
- Square Footage: 21,000
- Address: 2050 Amsterdam Avenue
- Market: Washington Heights
- Landlord: Jose Kechek
- Tenant: Key Food
- Brokers: David Green, Jacky Yedid & Albert Halawani - KSR
- Lease Type: Retail Lease
The individuals involved in this transaction include brokers David Green, Jacky Yedid, and Albert Halawani, all representing the property through their association with KSR. Their role was crucial in facilitating the leasing agreement between the landlord and tenant.
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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93