Satiena Group Leases Retail Space At 2285 Adam Clayton Powell Junior Boulevard For $66/ft
2285 Adam Clayton Powell Junior Boulevard
$66
$66/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jul 24, 2026
About this deal
AI
The asset involved in this transaction is a retail space located at 2285 Adam Clayton Powell Junior Boulevard in New York. The asking rent for the property is $66 per square foot, with a total square footage of 1,000. The lease type is classified as a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $66/ft
- Square Footage: 1,000
- Address: 2285 Adam Clayton Powell Junior Boulevard
- Market: New York
- Landlord: RJ Block
- Tenant: Satiena Group
- Brokers: Noam Aziz, Daniel Zacaim - Meridian Capital Group & Jason Berisha - Meridian Retail Leasing
The transaction involves key individuals from Meridian Capital Group and Meridian Retail Leasing, with Noam Aziz and Daniel Zacaim representing the landlord, RJ Block, and Jason Berisha representing the tenant, Satiena Group. Each broker played a significant role in facilitating the retail lease agreement.
On the Map
$66
$66/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
240348.48%
Cash-on-Cash
-68692.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93