Charlotte Cafe Signs Lease At 219 Ninth Avenue In Chelsea With Landlord Willen Feygin
219 Ninth Avenue
$1,500
$1,500/SF
Building Size
130 SF
Asset Type
Retail
Closing
Oct 12, 2026
About this deal
AI
The retail property located at 219 Ninth Avenue in Chelsea, Manhattan has a lease type categorized as a Single Net Lease. The space available for lease spans 130 square feet, with an asking rent set at $1,500 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,500/ft
- Square Footage: 130
- Landlord: Willen Feygin
- Tenant: Charlotte Cafe
- Landlord's Representative: James Famularo - Meridian Capital Group
- Tenant's Representatives: Max Freudenberger & Noam Aziz - Meridian Capital Group
This lease transaction involves prominent representatives from Meridian Capital Group. James Famularo acts on behalf of the landlord, Willen Feygin, while the tenant, Charlotte Cafe, is represented by both Max Freudenberger and Noam Aziz, ensuring the deal aligns with the interests of both parties.
On the Map
$1,500
$1,500/SF
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit James Famularo to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10575.33%
Cash-on-Cash
-3022.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93