Elliot Chalme, David Israni & Raymond Chalme Lease Retail Space To Luckin Coffee In Greenwich Village
184 Thompson Street
$172
$172/SF
Building Size
910 SF
Asset Type
Retail
Closing
Aug 28, 2025
AI
The property asset involved in this transaction is a retail space located at 184 Thompson Street in the Greenwich Village market of Manhattan. The asking rent for the space is $200 per square foot, with a total area of 910 square feet. The lease term negotiated is for a period of 10 years, specifically under a retail lease type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Lease Term: 10 Years
- Lease Type: Retail Lease
- Landlord: Elliot Chalme, David Israni & Raymond Chalme - Broad Street Development
- Tenant: Luckin Coffee
- Brokers: Brandon Berger, Zach Nathan, Ike Bibi, Carol Aziz, David Green & Albert Halawani - KSR
The deal involved landlords Elliot Chalme, David Israni, and Raymond Chalme, who collectively represent Broad Street Development. The tenant in this transaction is Luckin Coffee, indicating a commitment to establishing their business in the represented retail space. The brokers facilitating the deal are Brandon Berger, Zach Nathan, Ike Bibi, Carol Aziz, David Green, and Albert Halawani 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
92226.74%
Cash-on-Cash
-26358.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93