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Jay Suites Leases Retail Space At 159 West 25th Street Chelsea For $30 Per Sq Ft
SOLD
England
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Jay Suites Leases Retail Space At 159 West 25th Street Chelsea For $30 Per Sq Ft
Chelsea
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Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 159 West 25th Street in Chelsea. The asking rent for this space is $30 per square foot, with a total square footage of 60,000. The landlord is the Weinmann Family, while the tenant is Jay Suites, represented by Juda Srour.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $30/ft.
- Address: 159 West 25th Street
- Market: Chelsea
- Landlord: Weinmann Family
- Tenant: Jay Suites
- Representative: Juda Srour
This deal highlights the involvement of key individuals such as the landlord, the Weinmann Family, and the tenant's representative, Juda Srour, who played a crucial role in facilitating the transaction for Jay Suites.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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