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
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