Easy Pickins Signs Temporary Lease Deal At 208 West 125th Street In South Harlem, Manhattan
208 West 125th Street
$75
$75/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Dec 19, 2023
AI
The property involved in this lease transaction is located at 208 West 125th Street in South Harlem, Manhattan. It is a retail space offered by the landlord, Jeff Sutton of Wharton Properties, to the tenant, Easy Pickins. The total square footage of the property is 6,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Address: 208 West 125th Street, South Harlem, Manhattan
- Landlord: Jeff Sutton - Wharton Properties
- Tenant: Easy Pickins
The lease deal was facilitated by Allie Beyda, a broker representing both the landlord and the tenant. The asking rent for the property was $75 per square foot. It is worth noting that this lease was temporary in nature. For more potential sites on main retail corridors, interested parties can contact Allie Beyda at 718 614 8452.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93