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752 Saint Nicholas Avenue

Uptown Dermatology Signs Retail Lease At 752 Saint Nicholas Avenue In Hamilton Heights
LEASEDRetail

Uptown Dermatology Signs Retail Lease At 752 Saint Nicholas Avenue In Hamilton Heights

752 Saint Nicholas Avenue

$54

$54/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Dec 26, 2024

AI

The leased property is located at 752 Saint Nicholas Avenue in the Hamilton Heights market, featuring a retail space with a lease type categorized as a retail lease. The asking rent for this asset is set at $54 per square foot for a total area of 2,000 square feet.

Summary of transaction details:

The transaction involves key representatives such as Josh Augenbaum and Murray Mizrachi representing the landlord, while Cooper Katz represents the tenant, Uptown Dermatology. This collaboration emphasizes the roles of each party in facilitating the lease agreement for the property.

Players

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 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

293759.26%

Cash-on-Cash

-83957.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93