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
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.
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