A Votre Service Events Signs Lease At 115 West 28th Street Chelsea For $40/ft
115 West 28th Street
Building Size
900 SF
Asset Type
Retail
Closing
Mar 4, 2026
About this deal
AI
The retail property located at 115 West 28th Street in Chelsea, Manhattan, features a rental space totaling 900 square feet. The asking rent for this single net lease is set at $40 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $40/ft
- Lease Type: Single Net Lease
- Landlord: Carl Calo
- Tenant: A Votre Service Events
- Brokers: Bobby Ortense & Craig Adamson - Meridian Capital Group
- Date of Transaction: 3/5/2026
Bobby Ortense and Craig Adamson from Meridian Capital Group represented the landlord, Carl Calo, in this leasing transaction. The tenant involved in this deal is A Votre Service Events, marking a new occupancy in the Chelsea market.
On the Map
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Bobby Ortense to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93