Michael Turovskiy Of KSR Represents The Allen House In Retail Lease At 201 Allen Street
201 Allen Street
$75
$75/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
May 28, 2026
AI
This retail lease transaction involves a space located at 201 Allen Street in the Lower East Side market. The asset measures 1,800 square feet and has an asking rent of $75 per square foot, along with a key money of $220,000.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $220,000
- Landlord: Dariko Realty - Rich Gabbay
- Tenant: The Allen House
- Broker: Michael Turovskiy - KSR
Michael Turovskiy serves as the broker representing the landlord in this transaction, facilitating the agreement between Dariko Realty and The Allen House.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93