3 Kings Distribution Leases Retail Space At 2606 Broadway In New York City With Landlord Haim Zarif And Broker Meyer Dagmy - MOD
2606 Broadway
$175
$175/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Apr 15, 2023
About this deal
AI
The retail property located at 2606 Broadway in New York City has been leased. The property is owned by Haim Zarif and the tenant is 3 Kings Distribution. The leasing deal was facilitated by Meyer Dagmy from MOD.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $175/ft
- Square Footage: 1,000
- Address: 2606 Broadway
- Market: New York City
- Landlord: Haim Zarif
- Tenant: 3 Kings Distribution
- Broker: Meyer Dagmy - MOD
The leased property, with an asking rent of $175 per square foot, has a total area of 1,000 square feet. Haim Zarif is the owner of the property, while 3 Kings Distribution will be the tenant. It was Meyer Dagmy from MOD who represented both parties in the leasing negotiation.
Players
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
90645.71%
Cash-on-Cash
-25906.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93