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2667 Broadway

A Retail Space Leases To Boba Whale At 2667 Broadway In Upper West Side
LEASEDRetail

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

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:

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.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

192 deals

Broker
Heller Realty
Heller RealtyLandlord

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