Sammy Bar-Or Leases Retail Space To Fresh Bites At 1693B Broadway In Times Square
1693b Broadway
$350
$350/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Feb 20, 2025
About this deal
AI
The property asset involved is a retail space located at 1693B Broadway in the Times Square market. The asking rent for the property is $350 per foot, with a total square footage of 1,000 SF. This transaction is recorded under a retail lease type.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $350/ft
- Square Footage: 1,000 SF
- Address: 1693B Broadway
- Market: Times Square
- Landlord: Sammy Bar-Or
- Tenant: Fresh Bites
- Landlord's Representative: Ariel Baradarian - Oxford Property Group
- Tenant's Representative: David Sabbagh - KSR
This transaction features Sammy Bar-Or as the landlord, representing his interests through Ariel Baradarian of Oxford Property Group. Fresh Bites, the tenant in this transaction, is represented by David Sabbagh from KSR.
On the Map
$350
$350/SF
Retail
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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
45322.86%
Cash-on-Cash
-12953.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93