Broadway Garden Market Leases Retail Space At 3210 Broadway In Harlem For $100/ft
3210 Broadway, Manhattan, New York, NY, USA
Building Size
1,500 SF
Asset Type
Retail
Closing
Oct 21, 2021
AI
The retail property located at 3210 Broadway in Harlem has been leased. The lease transaction took place on 10/21/2021.
Summary of transaction details
- Property Type: Retail
- Address: 3210 Broadway
- Market: Harlem
The tenant for this leased property is Broadway Garden Market. The lease was facilitated by Sholom Kanevsky and John Joseph Rivera, who represent KSR brokerage.
The asking rent for the property is $100 per square foot, with a total square footage of 1,500.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93