Chama Mama Signs Lease With Brusco Bros For 1500 Square Feet At 373 Amsterdam Ave
373 Amsterdam Ave, New York, NY, 1...
Building Size
1,500 SF
Asset Type
Retail
Closing
Jul 15, 2020
About this deal
AI
The property involved in this lease transaction is located at 373 Amsterdam Ave, New York, NY. The space encompasses 1,500 square feet, catering to the needs of the tenant, Chama Mama, within the competitive New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 373 Amsterdam Ave, New York, NY
- Square Feet: 1500
- Tenant: Chama Mama
- Landlord: Brusco Bros
- Tenant's Representative: Jeffrey "Jeff" Angel
Key individuals in this transaction include Jeffrey "Jeff" Angel, who represents Chama Mama, facilitating the lease agreement with Brusco Bros, the landlord in this transaction.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93