Updated May 12, 2025
Chai Urgent Care Leases Retail Space In West New York
6003 Bergenline Ave
$50
$50/SF
Building Size
3,400 SF
Asset Type
—
Closing
Sep 13, 2022
About this deal
AI
The retail property located at 6003 Bergenline Ave in West New York features a total square footage of 3,400. The asking rent for the space was set at $50 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft.
- Address: 6003 Bergenline Ave
- Market: West New York
- Landlord: Chaim Berkovic - Paragon Partners
- Tenant: Chai Urgent Care - Yoni Hadar & Eddy Salameh
The deal represents a collaboration between notable figures in the real estate and healthcare sectors, with Chaim Berkovic acting on behalf of Paragon Partners as the landlord, while Yoni Hadar and Eddy Salameh represent the tenant, Chai Urgent Care.
On the Map
$50
$50/SF
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93