Wingstop Leases Retail Space At 2665 Broadway On Upper West Side
2665 Broadway, New York City, New York 10025, United States
Building Size
1,200 SF
Asset Type
Retail
Closing
Mar 7, 2022
AI
The retail property located at 2665 Broadway in the Upper West Side of New York City has been leased. The transaction took place on 03/08/2022.
Summary of Transaction Details
- Property Type: Retail
- Address: 2665 Broadway
- Market: Upper West Side
The landlord of the property is Heller Realty, and the tenant is Wingstop. The lease was facilitated by Ben Biberaj from Meridian Capital Group.
The asking rent for the 1,200 square feet retail space was $140 per square foot.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93