Chai Urgent Care Leases Retail Space On Upper East Side At 1571 3rd Ave
1571 3rd Avenue, New York City, New York 10128, United States
Building Size
2,350 SF
Asset Type
Retail
Closing
Jul 26, 2022
AI
Chai Urgent Care has signed a lease for a retail space located at 1571 3rd Ave on the Upper East Side of New York City. The property is approximately 2,350 square feet in size and was leased for an asking rent of $175 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1571 3rd Ave
- Market: Upper East Side
- Landlord: Andrew Aryeh
- Tenant: Chai Urgent Care
The lease agreement was facilitated by Yoni Hadar, Andrew Aryeh, and Eddy Salameh. Andrew Aryeh represents the landlord, while Yoni Hadar and Eddy Salameh represent Chai Urgent Care as their brokers.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93