Chai Urgent Care Leases Retail Space In Upper West Side's Market On 2345 Broadway
2345 Broadway
Building Size
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Asset Type
—
Closing
Jul 27, 2022
AI
The retail property located at 2345 Broadway in the Upper West Side has been leased. The lease transaction was facilitated by Newmark on behalf of the landlord, Michael Aryeh, and the tenant, Chai Urgent Care, represented by Yoni Hadar and Eddy Salameh.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $350 per square foot
- Square Footage: 1,400
- Address: 2345 Broadway, Upper West Side
Chai Urgent Care, led by Yoni Hadar and Eddy Salameh, has entered into a lease agreement for the retail space. The transaction was facilitated by broker Newmark on behalf of the landlord, Michael Aryeh.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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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