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601 Amsterdam Avenue

Bozzuto Group Leases Retail Space At 601 Amsterdam Avenue In Upper West Side
LEASEDRetail

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

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

Brandon Singer

Retail By Mona

Broker

$84.3M

vol

59 deals

Broker

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

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93