LEASEDRetail
Sahara Leases Retail Space At 2869 Broadway On Upper West Side With Landlord George Zoitas
2869 Broadway
$100
$100/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Dec 1, 2023
AI
The retail property at 2869 Broadway in the Upper West Side has recently been leased by Sahara. The lease was facilitated by broker Akram Mozeb of KSR. The property spans 6,000 square feet and the asking rent was $100 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Date: 12/01/2023
- Address: 2869 Broadway
- Market: Upper West Side
- Landlord: George Zoitas
- Tenant: Sahara
- Broker: Akram Mozeb - KSR
- Asking Rent: $100/ft
Akram Mozeb of KSR represented Sahara in the leasing deal for the retail property at 2869 Broadway.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93