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2345 Broadway

Updated Oct 28, 2024

Chai Urgent Care Leases Retail Space In Upper West Side's Market On 2345 Broadway
SOLD

Chai Urgent Care Leases Retail Space In Upper West Side's Market On 2345 Broadway

2345 Broadway

Building Size

—

Asset Type

—

Closing

Jul 27, 2022

About this deal

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.

On the Map

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Players

Michael Aryeh

Heritage Realty

Landlord

$45M

vol

4 deals

Landlord
CC
Chai Urgent CareTenant
Eddy Salameh

Eddy Salameh

Chai Urgent Care

Tenant

$1.4M

vol

15 deals

Tenant
Bilt advertisement

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

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