Slate NYC Leases Retail Space To Sushi 21 At 215 8th Avenue Chelsea For $200/ft
215 8th Avenue
$200
$200/SF
Building Size
580 SF
Asset Type
Retail
Closing
Sep 9, 2026
About this deal
AI
The property asset is a retail space located at 215 8th Avenue in the Chelsea market. It is leased to Sushi 21 at an asking rent of $200 per square foot for a total area of 580 square feet. The landlord of the property is Slate NYC.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 580
- Address: 215 8th Avenue
- Market: Chelsea
- Landlord: Slate NYC
- Tenant: Sushi 21
- Landlord's Representative: Austin Knief & Colleen Morrissey - Atlantic Retail
- Tenant's Representative: Michael Turovskiy - KSR
- Lease Type: Retail Lease
The deal involved representatives from Atlantic Retail and KSR, with Austin Knief and Colleen Morrissey representing the landlord, Slate NYC, while Michael Turovskiy acted on behalf of the tenant, Sushi 21.
On the Map
$200
$200/SF
Retail
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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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93