ZPlay LLC Leases Retail Space At 211 West 80th Street In Upper West Side
211 West 80th Street, Manhattan, New York, NY, USA
Building Size
1,050 SF
Asset Type
Retail
Closing
Nov 11, 2021
About this deal
AI
The retail property located at 211 West 80th Street in the Upper West Side has been leased by ZPlay LLC. The lease transaction was facilitated by Ben Biberaj and Harry Singer from Meridian Retail Leasing, along with Sergio Turaev from Lee & Associates NYC. The landlord for the property is Pine Management.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 11/11/2021
- Address: 211 West 80th Street
- Market: Upper West Side
- Landlord: Pine Management
- Tenant: ZPlay LLC
- Brokers: Ben Biberaj & Harry Singer - Meridian Retail Leasing and Sergio Turaev - Lee & Associates NYC
- Asking Rent: $60 per square foot
- Square footage: 1,050
The lease deal for this retail property at 211 West 80th Street was successfully negotiated by Ben Biberaj, Harry Singer, and Sergio Turaev. ZPlay LLC will now be the tenant, paying an asking rent of $60 per square foot for a space measuring 1,050 square feet. Pine Management is the landlord for this property located in the Upper West Side market.
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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