A Retail Space Leases To Boba Whale At 2667 Broadway In Upper West Side
2667 Broadway
$180
$180/SF
Building Size
300 SF
Asset Type
Retail
Closing
Apr 16, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 2667 Broadway in Upper West Side. The lease type is a Single Net Lease, with a total square footage of 300. The asking rent for the space is set at $180 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $180/ft
- Location: 2667 Broadway
- Market: Upper West Side
- Square Footage: 300
- Tenant: Boba Whale
- Landlord's Representative: Ben Biberaj & Desi Avidane - Meridian Capital Group
- Tenant's Representative: Asher Schwartz - Meridian Capital Group
The key individuals involved in this lease transaction include Ben Biberaj and Desi Avidane representing the landlord, and Asher Schwartz representing the tenant. All representatives are part of Meridian Capital Group, indicating a unified approach in facilitating this deal.
On the Map
$180
$180/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
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93