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2401-2407 Broadway

Key Food Leases Retail Space On Upper West Side Of Broadway For $175/ft With Brokers Solomon Sharaby & Samuel Chera - KSR
LEASEDRetail

Key Food Leases Retail Space On Upper West Side Of Broadway For $175/ft With Brokers Solomon Sharaby & Samuel Chera - KSR

2401-2407 Broadway

$175

$175/SF

Building Size

15,000 SF

Asset Type

Retail

Closing

Dec 1, 2022

AI

Key Food has leased a retail space located at 2401-2407 Broadway in the Upper West Side market. The property spans approximately 15,000 square feet and was leased from landlord Jacob Weinreb. The deal was facilitated by Solomon Sharaby and Samuel Chera of KSR.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 2401-2407 Broadway
  • Market: Upper West Side

The lease agreement between Key Food and landlord Jacob Weinreb for the retail space at 2401-2407 Broadway was brokered by Solomon Sharaby and Samuel Chera of KSR. Additional financial details of the transaction, such as the asking rent, were not provided.

Players

Samuel Chera

Kassin Sabbagh Realty

Broker

29 deals

Broker

Downtown Kansas City 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

90645.71%

Cash-on-Cash

-25906.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93