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2236 Adam Clayton Powell Ju...

Mama Dior Leases Retail Space At 2236 Adam Clayton Powell Junior Boulevard For $77/ft
LEASEDRetail

Mama Dior Leases Retail Space At 2236 Adam Clayton Powell Junior Boulevard For $77/ft

2236 Adam Clayton Powell Junior Boulevard

$77

$77/SF

Building Size

775 SF

Asset Type

Retail

Closing

Jun 7, 2026

AI

The property asset involved in this transaction is a retail space located at 2236 Adam Clayton Powell Junior Boulevard in the Harlem market. The asset has a square footage of 775, with an asking rent set at $77 per foot and is categorized under a Single Net Lease.

Summary of transation details:

James Famularo and Cole Kleppinger, representing Meridian Capital Group, facilitated the lease transaction between the landlord, Adam Amsalem, and the tenant, Mama Dior, ensuring a successful agreement was reached for the retail space.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

368 deals

Broker

Market 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

206012.99%

Cash-on-Cash

-58879.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93