Coco Safar Leases Retail Space At 12 West 17th Street In Chelsea
12 West 17th Street, Manhattan, New York, NY, USA
Building Size
2,200 SF
Asset Type
Retail
Closing
Jun 29, 2021
About this deal
AI
The retail property located at 12 West 17th Street in Chelsea has been leased to Coco Safar. The transaction was facilitated by broker Claude Kolb from Kassin Sabbagh Realty. The asking rent for the space was $100 per square foot for a total of 2,200 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Date: 06/30/2021
- Address: 12 West 17th Street
- Market: Chelsea
The landlord of the property is Angela Stulley. The lease agreement was finalized on 06/30/2021, with Claude Kolb from Kassin Sabbagh Realty representing Coco Safar in the deal.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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