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
About this deal
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.
On the Map
$60
$60/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
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93