Luna Pizza Leases Retail Space At 225 Park Row In Chinatown For $75/ft
225 Park Row
$75
$75/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Sep 16, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 225 Park Row in the Chinatown market. The asking rent for the space is $75 per square foot, with a total area of 1,500 square feet. The lease type is classified as a retail lease and is subject to a key money sale priced at $300,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $300,000
- Address: 225 Park Row
- Market: Chinatown
- Asking Rent: $75/ft
- Square Footage: 1,500
- Lease Type: Retail Lease
- Landlord: Bik Yuk & Kwok W Ng
- Tenant: Luna Pizza
- Brokers: Michael Turovskiy & Nathan Shabot - KSR
The deal involves the landlords Bik Yuk and Kwok W Ng, who have entered into a retail lease agreement with the tenant, Luna Pizza. The brokers representing the transaction are Michael Turovskiy and Nathan Shabot from KSR, facilitating the arrangement between the parties involved in the lease.
On the Map
$75
$75/SF
Retail
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Property Record
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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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93