Talea Beer Inc Signs Lease For Retail Space On Christopher Street With Brokers Joshua Berkun, Maddy Soffer & Albert Halawani - KSR
102 Christopher Street
$191
$191/SF
Building Size
1,570 SF
Asset Type
Retail
Closing
Jul 31, 2023
AI
The property involved in this lease transaction is a retail space located at 102 Christopher Street in the West Village neighborhood of Manhattan. The asset encompasses 1,570 square feet on the ground floor and an additional 1,000 square feet in the basement. The landlord of the property is Michael Shah, and the tenant is TALEA BEER INC. The transaction was facilitated by brokers Joshua Berkun, Maddy Soffer, and Albert Halawani from KSR. The lease was signed on 07/31/2023.
Summary of transaction details:
- Property Type: Retail
- Address: 102 Christopher Street, West Village, Manhattan
- Landlord: Michael Shah
- Tenant: TALEA BEER INC
- Brokers: Joshua Berkun, Maddy Soffer, Albert Halawani - KSR
- Lease Date: 07/31/2023
Talea Beer Inc has recently signed a location in Bryant Park, with details to be released. Additionally, they are actively searching for a location on the Upper West Side.
Players
New York 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
83052.36%
Cash-on-Cash
-23736.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93