Amit Doshi Leases Retail Space At 945 Columbus Avenue To TSS Phones & Computers
945 Columbus Avenue
$140
$140/SF
Building Size
300 SF
Asset Type
Retail
Closing
Jan 13, 2025
AI
The retail property located at 945 Columbus Avenue in the Manhattan Valley market has a lease recently finalized. The space measures 300 square feet, with an asking rent of $140 per square foot. The lease type is designated as a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $140/ft
- Square Footage: 300
- Address: 945 Columbus Avenue
- Market: Manhattan Valley
- Landlord: Amit Doshi
- Tenant: TSS Phones & Computers
- Broker Representatives: James Famularo & Fink - Meridian Capital Group
- Date of Transaction: 01/13/2025
This transaction involved Amit Doshi as the landlord and TSS Phones & Computers as the tenant, facilitated by brokers James Famularo and Fink from Meridian Capital Group, who handled the deal specifics and negotiations.
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
113307.14%
Cash-on-Cash
-32383.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93