Joseph Davoudzadeh, Effie Dilmanian & David Dilmanian Lease Retail Space To Joe & The Juice In Chelsea
114 10th Avenue
$253
$253/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Nov 5, 2025
AI
The property asset involved in this transaction is a retail space located at 114 10th Avenue in Chelsea, Manhattan. The asking rent for the 2,200 square foot space is $253 per square foot, and the lease type is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $253/ft
- Address: 114 10th Avenue
- Market: Chelsea, Manhattan
- Asset Size: 2,200 SF
- Landlord: Joseph Davoudzadeh, Effie Dilmanian & David Dilmanian - Metropolitan Homes
- Tenant: Joe & The Juice
- Landlord's Representative: Solomon Tbeile, Carolina Aziz & Ike Bibi - KSR
- Tenant's Representative: Henry Rossignol & Anthony Stanford - CBRE
Key individuals in this transaction include the landlords from Metropolitan Homes, who are Joseph Davoudzadeh, Effie Dilmanian, and David Dilmanian. The tenant, Joe & The Juice, is represented by Henry Rossignol and Anthony Stanford from CBRE, while the landlords are represented by Solomon Tbeile, Carolina Aziz, and Ike Bibi from KSR.
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
62699.60%
Cash-on-Cash
-17919.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93