Ben Biberaj & Elliot Wygoda Lease Retail Space At 329 Amsterdam Avenue
329 Amsterdam Avenue
$200
$200/SF
Building Size
500 SF
Asset Type
Retail
Closing
May 22, 2024
AI
The retail property located at 329 Amsterdam Avenue in the Upper West Side was leased in a transaction involving Tenant 75 Commer and Landlord Steven Stein. The deal was facilitated by Ben Biberaj and Elliot Wygoda from Meridian Capital Group. The lease type was a retail lease with an asking rent of $200 per square foot for a total of 500 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 329 Amsterdam Avenue
- Market: Upper West Side
- Tenant: 75 Commer
- Landlord: Steven Stein
- Brokers: Ben Biberaj & Elliot Wygoda - Meridian Capital Group
- Asking Rent: $200/ft
- Lease Type: Retail Lease
Ben Biberaj and Elliot Wygoda of Meridian Capital Group played a pivotal role in brokering the lease deal between Tenant 75 Commer and Landlord Steven Stein for the retail space on Amsterdam Avenue. The transaction exemplifies their expertise and impact in the Upper West Side retail market.
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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93