Wali Wali York Souvenir Leases Retail Space In Chelsea At 799 Sixth Avenue
799 Sixth Avenue
$190
$190/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
May 1, 2023
AI
The retail property located at 799 Sixth Avenue in Chelsea has been leased. The total space available for lease is 1,200 square feet, with an asking rent of $190 per square foot.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $190 per square foot
- Square Footage: 1,200
- Address: 799 Sixth Avenue
- Market: Chelsea
Jason Laboz is the landlord of the property, while the tenant is Wali Wali York Souvenir. The lease deal was facilitated by brokers George Skaliarinis, Ike Bibi, and Solomon Tbeile from KSR.
Please note that no additional information regarding the transaction is available at this time.
Players
Market 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
83489.47%
Cash-on-Cash
-23861.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93