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208 West 125th Street

Easy Pickins Signs Temporary Lease Deal At 208 West 125th Street In South Harlem, Manhattan
LEASEDRetail

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:

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

Allie Beyda

BH Realty

Broker

$4.8M

vol

16 deals

Broker
Jeff Sutton

Jeff Sutton

Wharton Properties

Landlord

$5.5B

vol

56 deals

Landlord

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