Pollo Campero Leases Retail Space In Midtown Manhattan On 6th Avenue
966 6th Avenue, New York City, New York 10018, United States
Building Size
3,600 SF
Asset Type
Retail
Closing
Dec 19, 2021
About this deal
AI
Located in Midtown, the retail property at 966 6th Avenue recently closed a lease transaction. The property spans 3,600 square feet and was leased to Pollo Campero.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 12/20/2021
- Address: 966 6th Avenue
- Market: Midtown
- Asking Rent: $300/ft.
Vince Sweeney, representing Meridian Retail Leasing, acted as the tenant's representative in the deal. The landlord was represented by Craig Slosberg from Newmark.
Traded’s record for 966 6th Avenue, New York City, New York 10018, United States in New York, New York covers a retail lease from 2021. Published size for 966 6th Avenue, New York City, New York 10018, United States is 3,600 square feet. Vince Sweeney, Craig Slosberg, Newmark, Meridian Capital Group appear on the lease alongside Newmark, Meridian Capital Group. This page is the New York, New York file for the 966 6th Avenue, New York City, New York 10018, United States retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 966 6th Avenue, New York City, New York 10018, United States around 2021. Cite this Pollo Campero Leases Retail Space In Midtown Manhattan On 6th Avenue lease when underwriting similar retail product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93