Phraya Thai Leases Retail Space At 1553 2nd Avenue On Upper East Side With KSR Brokers
1553 2nd Ave New York, NY 10028, USA
$180
$180/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Aug 1, 2023
AI
A retail space located at 1553 2nd Avenue in the Upper East Side has been leased. The property, measuring 1,500 square feet, was leased by Phraya Thai, a tenant. The landlord of the property is Cho Zen. The deal was facilitated by Nathan Aballi, Solomon Sharaby, and Samuel Chera of KSR brokerage firm.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 1553 2nd Avenue
- Market: Upper East Side
- Tenant: Phraya Thai
- Landlord: Cho Zen
- Brokers: Nathan Aballi, Solomon Sharaby, and Samuel Chera - KSR
- Asking Rent: $180/ft
- Square Footage: 1,500
The leasing transaction at 1553 2nd Avenue in the Upper East Side was overseen by Nathan Aballi, Solomon Sharaby, and Samuel Chera of KSR brokerage firm. Phraya Thai, the tenant, will occupy a retail space of 1,500 square feet. The landlord of the property, Cho Zen, successfully leased the space to Phraya Thai.
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
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93