Haussmann Development Leases Retail Space At 2754 Frederick Douglass Blvd In New York With Dane Harlowe - Meridian Capital Group
2754 Frederick Douglass Blvd
$65
$65/SF
Building Size
1,609 SF
Asset Type
Retail
Closing
Apr 6, 2023
About this deal
AI
The retail property located at 2754 Frederick Douglass Blvd in New York has been leased. The property is owned by Haussmann Development and was represented by Dane Harlowe from Meridian Capital Group. The lease deal was closed on 04/06/2023.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $65/ft
- Square Footage: 1,609
- Address: 2754 Frederick Douglass Blvd, New York
Dane Harlowe from Meridian Capital Group, acting as the broker representative for Haussmann Development, facilitated the lease deal for the retail property located at 2754 Frederick Douglass Blvd in New York.
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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93