LEASEDRetail
Chai Urgent Care Leases Retail Space At 2345 Broadway In Upper West Side
2345 Broadway, New York City, New York 10024, United States
Building Size
1,400 SF
Asset Type
Retail
Closing
Jul 26, 2022
AI
The retail property located at 2345 Broadway in the Upper West Side of Manhattan has been leased. The deal was finalized on 07/27/2022.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $350 per square foot
- Square Footage: 1,400
- Address: 2345 Broadway
- Market: Upper West Side
The landlord, Michael Aryeh, successfully leased the property to Chai Urgent Care. The tenant will be represented by Yoni Hadar and Eddy Salameh. The brokerage firm Newmark facilitated the deal.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93