Halal Chocolita Leases Retail Space At 2104 Frederick Douglass Boulevard With Jay Heydt As Landlord
2104 Frederick Douglass Boulevard
$146
$146/SF
Building Size
847 SF
Asset Type
Retail
Closing
Sep 25, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 2104 Frederick Douglass Boulevard in the Harlem market. The asking rent for this space is set at $146 per square foot, with a total size of 850 square feet. The lease agreement established is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $146/ft
- Address: 2104 Frederick Douglass Boulevard
- Market: Harlem
- Lease Type: Single Net Lease
- Landlord: Jay Heydt - Madison Realty Capital
- Tenant: Halal Chocolita
- Landlord's Representative: Noam Aziz & Daniel Zacaim - Meridian Capital Group
This transaction involved key individuals and companies, including landlord Jay Heydt representing Madison Realty Capital. Tenant Halal Chocolita entered into the lease, facilitated by the landlord's representatives Noam Aziz and Daniel Zacaim of Meridian Capital Group, who played a crucial role in the completion of the deal.
On the Map
$146
$146/SF
Retail
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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
108650.68%
Cash-on-Cash
-31052.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93