Amazing City Fashion Inc Leases Retail Condo At 301 West 145th Street, Harlem, Represented By Solomon Sharaby & Sholom Kanevsky At Kassin Sabbagh Realty
301 W 145th St, New York, NY 10039, USA
Building Size
10,600 SF
Asset Type
Retail
Closing
Nov 28, 2020
AI
The retail condo located at 301 West 145th Street in Harlem has been sold in a closed transaction. The property spans 10,600 square feet and was listed with an asking price of $40 per square foot.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: Not mentioned
- Address: 301 West 145th Street
- Market: Harlem
The deal involved the tenant, Amazing City Fashion Inc, and the landlord, Gotham Organization. The transaction was facilitated by brokers Solomon Sharaby and Sholom Kanevsky from Kassin Sabbagh Realty.
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93