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2101 Frederick Douglass BLV...

Fridge No More Leases 2500 Square Feet At 2101 Frederick Douglass Blvd From T&D Management
LEASEDRetail

Fridge No More Leases 2500 Square Feet At 2101 Frederick Douglass Blvd From T&D Management

2101 Frederick Douglass BLVD, New York, NY 10026, USA

Building Size

2,500 SF

Asset Type

Retail

Closing

Oct 13, 2021

AI

The property involved in this transaction is located at 2101 Frederick Douglass Blvd, New York, NY 10026, USA. It spans 2,500 square feet and is part of a new market offering. The transaction is a lease agreement. The landlord for this property is T&D Management.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 2101 Frederick Douglass Blvd, New York, NY 10026, USA
  • Square Feet: 2,500
  • Market: New
  • Landlord's Representative: Hal Shapiro - Winick Realty Group
  • Tenant: Fridge No More
  • Landlord: T&D Management

This transaction involves Hal Shapiro representing the landlord, T&D Management. The tenant in this lease is Fridge No More, indicating a straightforward leasing operation under the new market segment.

Players

Hal Shapiro

RTL Real Estate

Broker

9 deals

Broker
FM
Fridge No MoreTenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93