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211 West 80th Street, Manha...

ZPlay LLC Leases Retail Space At 211 West 80th Street In Upper West Side
LEASEDRetail

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

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.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

192 deals

Broker
PM
Pine ManagementLandlord

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