Zelma Cafe Leases Retail Space On Upper West Side Upper West Side
2661 Broadway, New York City, New York 10025, United States
Building Size
650 SF
Asset Type
Retail
Closing
Jan 25, 2022
About this deal
AI
A retail property located at 2661 Broadway in the Upper West Side has been leased. The transaction took place on 01/15/2022.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $180/ft.
- Square Footage: 650
- Address: 2661 Broadway
- Market: Upper West Side
The landlord, Heller Realty, leased the property to Zelma Cafe. Alec Namdar from KSR represented the tenant, while Ben Biberaj from Meridian Retail Leasing represented the landlord.
Traded’s record for 2661 Broadway, New York City, New York 10025, United States in New York, New York covers a retail lease from 2022. Published size for 2661 Broadway, New York City, New York 10025, United States is 650 square feet. Alec Namdar, Ben Biberaj, Meridian Capital Group appear on the lease alongside Meridian Capital Group. This page is the New York, New York file for the 2661 Broadway, New York City, New York 10025, United States retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 2661 Broadway, New York City, New York 10025, United States around 2022. Cite this Zelma Cafe Leases Retail Space On Upper West Side Upper West Side lease when underwriting similar retail product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93