Term Equities Leases Retail Space To Yearwood Legacy At 301 West 151st Street For $44/ft
301 West 151st Street
$44
$44/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Mar 18, 2026
AI
The retail asset located at 301 West 151st Street in Harlem, Manhattan, encompasses a total area of 1,500 square feet and is leased under a Single Net Lease agreement. The asking rent for this property is set at $44 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $66,000
- Landlord: Term Equities
- Tenant: Yearwood Legacy
- Brokers: Noam Aziz & Daniel Zacaim - Meridian Capital Group
- Lease Date: 3/19/2026
Noam Aziz and Daniel Zacaim represented the landlord, Term Equities, in this lease transaction, facilitating the deal between the landlord and tenant, Yearwood Legacy.
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
360522.73%
Cash-on-Cash
-103038.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93