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184 Thompson Street

Elliot Chalme, David Israni & Raymond Chalme Lease Retail Space To Luckin Coffee In Greenwich Village
LEASEDRetail

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:

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

Albert Halawani

Kassin Sabbagh Realty

Broker

$445M

vol

49 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage
David Israni

David Israni

Broad Street Development

Landlord

$283.5M

vol

5 deals

Landlord
Broad Street Development
Broad Street DevelopmentLandlord

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