LEASEDRetail
Acapulco Restaurant Corp. Leases Retail Space At 540 W. 145th Street In Hamilton Heights
540 West 145th Street, New York City, New York 10031, United States
Building Size
1,200 SF
Asset Type
Retail
Closing
May 31, 2022
AI
Located at 540 W. 145th Street in Hamilton Heights, this retail property was recently leased. The property spans approximately 1,200 square feet and is owned by the Acapulco Restaurant Corp.
Summary of transation details
- Property Type: Retail
- Transaction Date: 06/01/2022
- Asking Rent: $85 per square foot
- Brokers: Rob Mulholland & Dane Harlowe - Meridian Retail Leasing
Rob Mulholland and Dane Harlowe of Meridian Retail Leasing represented the tenant, Acapulco Restaurant Corp., in this lease transaction.
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