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167-171 Chrystie Street

HUBBNYC Leases Mixed-Use Space At 167-171 Chrystie Street In New York City To Chin-Up & Wallabout
LEASEDMixed-use

HUBBNYC Leases Mixed-Use Space At 167-171 Chrystie Street In New York City To Chin-Up & Wallabout

167-171 Chrystie Street

$130

$130/SF

Building Size

5,000 SF

Asset Type

Mixed-use

Closing

Dec 1, 2022

AI

The mixed-use property located at 167-171 Chrystie Street in New York City has recently been leased. The tenant of the space is Chin-Up & Wallabout, while the landlord is HUBBNYC. The lease transaction was facilitated by Mendel Jacobson and Seth Kessler from Real New York.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Address: 167-171 Chrystie Street, New York City
  • Market: New York City
  • Tenant: Chin-Up & Wallabout
  • Landlord: HUBBNYC
  • Brokers: Mendel Jacobson & Seth Kessler - Real New York
  • Asking Rent: $130 per square foot
  • Square Footage: 5,000

The leased space at 167-171 Chrystie Street consists of two separate units, labeled as Space A and Space B. Chin-Up occupies a total area of 1,791 square feet, while Wallabout occupies 2,800 square feet. This transaction marks another success for Real New York, as they continue to expand their portfolio of exclusive commercial spaces. Real NY Commercial is actively recruiting experienced commercial brokers, and interested individuals can submit their resumes to [email protected].

Players

Mendel Jacobson

ONE NYC RE

Broker

$6.3M

vol

6 deals

Broker
HUBB NYC
HUBB NYCLandlord

New York City Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

122023.08%

Cash-on-Cash

-34874.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93