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
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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