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201 Allen Street

Michael Turovskiy Of KSR Represents The Allen House In Retail Lease At 201 Allen Street
LEASEDRetail

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

Michael Turovskiy

Kassin Sabbagh Realty

Broker

6 deals

Broker
DL
Dariko Realty, LLCLandlord

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