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68 West 71st Street

Friend Of A Farmer Leases Retail Space At 68 West 71st Street In Upper West Side
LEASEDRetail

Friend Of A Farmer Leases Retail Space At 68 West 71st Street In Upper West Side

68 West 71st Street

$145

$145/SF

Building Size

3,000 SF

Asset Type

Retail

Closing

Jul 13, 2022

AI

The retail property located at 68 West 71st Street in the Upper West Side has been leased. The asset spans 3,000 square feet with an asking rent of $145 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Market: Upper West Side
  • Address: 68 West 71st Street

The landlord for this lease is Philip Widlanski, while the tenant is Friend of A Farmer. Samuel Chera from KSR represented the tenant, and Rafe Evans from Walker Malloy Co. represented the landlord in the deal.

Players

Samuel Chera

Kassin Sabbagh Realty

Broker

29 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

109400.00%

Cash-on-Cash

-31266.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93