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2750 Frederick Douglass Bou...

Eymani Gourmet Delicatessen Leases Retail Space In Central Harlem For $79.59/ft
LEASEDRetail

Eymani Gourmet Delicatessen Leases Retail Space In Central Harlem For $79.59/ft

2750 Frederick Douglass Boulevard

$79

$79/SF

Building Size

980 SF

Asset Type

Retail

Closing

Sep 9, 2022

AI

Meridian Retail Leasing, represented by Rob Mulholland, Dane Harlowe & Matthew Stone, facilitated a lease transaction for the retail space located at 2750 Frederick Douglass Blvd. (Space A) in Central Harlem. The tenant, Eymani Gourmet Delicatessen, has secured the lease for the property.

Summary of transaction details:

  • Property Type: Retail
  • Asking Rent: $79.59/ft.
  • Square Footage: 980
  • Address: 2750 Frederick Douglass Blvd. (Space A)
  • Market: Central Harlem

The lease transaction was facilitated by Meridian Retail Leasing, with Rob Mulholland, Dane Harlowe & Matthew Stone representing the agency. Eymani Gourmet Delicatessen will now occupy the retail space at 2750 Frederick Douglass Blvd. (Space A) in Central Harlem.

Players

Dane Harlowe

Meridian Capital Group

Broker

$1.8M

vol

68 deals

Broker

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

200797.47%

Cash-on-Cash

-57388.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93