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2295 Adam Clayton Powell Ju...

Frank & Aviv DeBellis Lease Retail Space To Barrie Abdoulaye In Manhattan For $60/SF
LEASEDRetail

Frank & Aviv DeBellis Lease Retail Space To Barrie Abdoulaye In Manhattan For $60/SF

2295 Adam Clayton Powell Junior Boulevard

$60

$60/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Nov 8, 2025

AI

The property asset involved in this transaction is located at 2295 Adam Clayton Powell Junior Boulevard in the Manhattan market. The asset is classified as retail with an asking rent of $60 per square foot for a total area of 1,000 square feet. The lease type is a Single Net Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $60/ft
  • Square Footage: 1,000
  • Address: 2295 Adam Clayton Powell Junior Boulevard
  • Market: Manhattan
  • Landlord: Frank & Aviv DeBellis
  • Tenant: Barrie Abdoulaye
  • Broker Representatives: Noam Aziz, Nathan Shabot & Ariel Illian - Meridian Capital Group

The deal features key individuals including Frank & Aviv DeBellis representing the landlord, and Barrie Abdoulaye as the tenant. The transaction was facilitated by the brokerage Meridian Capital Group, represented by Noam Aziz, Nathan Shabot, and Ariel Illian, who played a crucial role in securing the lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93