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227 10th Avenue

Beauty Skin Salon Leases Retail Space At 227 10th Avenue In Chelsea, Manhattan
LEASEDRetail

Beauty Skin Salon Leases Retail Space At 227 10th Avenue In Chelsea, Manhattan

227 10th Avenue

$56

$56/SF

Building Size

1,300 SF

Asset Type

Retail

Closing

Nov 16, 2023

AI

A retail space located at 227 10th Avenue in Chelsea, Manhattan has been leased. The property, measuring 1,300 square feet, was rented by Beauty Skin Salon. The lease was facilitated by David Green and Josh Vilinsky from KSR, who represented the tenant, while Ofir Badash acted as the landlord.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 227 10th Avenue
  • Market: Chelsea, Manhattan
  • Tenant: Beauty Skin Salon
  • Landlord: Ofir Badash
  • Tenant's Representative: David Green & Josh Vilinsky - KSR

The successful lease agreement between Beauty Skin Salon and the landlord, Ofir Badash, was facilitated by David Green and Josh Vilinsky from KSR. The negotiation process ensured that the retail space conveniently located at 227 10th Avenue in Chelsea, Manhattan, measuring 1,300 square feet, was secured by Beauty Skin Salon for their business needs.

Players

David Green

Kassin Sabbagh Realty

Broker

$447M

vol

176 deals

Broker
Ofir Badash

Ofir Badash

Landlord

$26.2M

vol

10 deals

Landlord

Market 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

283267.86%

Cash-on-Cash

-80958.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93