Island Juice & Grill Leases Retail Space At 3350 Broadway With Landlord Silverstar Properties
3350 Broadway
$98
$98/SF
Building Size
850 SF
Asset Type
Retail
Closing
Apr 30, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 3350 Broadway in the Hamilton Heights market. The asking rent for this property is $100 per square foot, with a total area of 850 square feet. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $100/ft
- Address: 3350 Broadway
- Market: Hamilton Heights
- Landlord: Silverstar Properties - Ryan Aminzadeh & Alexis Noghreh
- Tenant: Island Juice & Grill
- Broker: Noam Aziz - Meridian Capital Group
The landlords, Ryan Aminzadeh and Alexis Noghreh, represent Silverstar Properties in this deal, while the tenant, Island Juice & Grill, is the new occupant of the leased space. Noam Aziz from Meridian Capital Group acted as the broker for the transaction.
On the Map
$98
$98/SF
Retail
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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
161867.35%
Cash-on-Cash
-46262.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93