facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

346 Audubon Avenue

Mary Carmen Perez Cornelio Leases Retail Space At 346 Audubon Avenue From Shamoil Property
LEASEDRetail

Mary Carmen Perez Cornelio Leases Retail Space At 346 Audubon Avenue From Shamoil Property

346 Audubon Avenue

$77

$77/SF

Building Size

550 SF

Asset Type

Retail

Closing

Jul 23, 2024

AI

The retail asset located at 346 Audubon Avenue in the Upper West Side encompasses a total of 550 square feet. The asking rent for this property was set at $77 per square foot, indicative of the area's market dynamics. The asset is categorized specifically as a retail property.

Summary of transaction details:

The transaction was facilitated by the brokerage team of Daniel Rachline and Danny Heredia, who represent Meridian Capital Group. Their involvement played a vital role in successfully closing the lease agreement between the landlord and tenant.

Players

Daniel Rachline

Meridian Capital Group

Broker

12 deals

Broker

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

206012.99%

Cash-on-Cash

-58879.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93