Bozzuto Group Leases Retail Space At 601 Amsterdam Avenue In Upper West Side
601 Amsterdam Avenue
$200
$200/SF
Building Size
2,600 SF
Asset Type
Retail
Closing
Jan 10, 2024
AI
The retail property located at 601 Amsterdam Avenue on the Upper West Side has been leased to Pharmacy B. The lease term is long term, and the asking rent for the 2,600 square-foot space was $200 per square foot. The transaction was facilitated by brokers Brandon Singer, Marisa Simkin, Matthew Ball, and Manu Wendum of Retail By Mona.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not applicable
- Address: 601 Amsterdam Avenue
- Market: Upper West Side
- Landlord: Bozzuto Group
- Tenant: Pharmacy B
- Brokers: Brandon Singer, Marisa Simkin, Matthew Ball, and Manu Wendum - Retail By Mona
- Asking Rent: $200/ft
- Square Footage: 2,600
- Lease Type: Retail Lease
- Lease Term: Long Term
Pharmacy B is the tenant for the retail property located at 601 Amsterdam Avenue. The transaction was facilitated by brokers Brandon Singer, Marisa Simkin, Matthew Ball, and Manu Wendum of Retail By Mona.
Players
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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93