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2345 Broadway, New York Cit...

Chai Urgent Care Leases Retail Space At 2345 Broadway In Upper West Side
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

Michael Aryeh

Heritage Realty

Landlord

$45M

vol

4 deals

Landlord
CC
Chai Urgent CareTenant
Eddy Salameh

Eddy Salameh

Chai Urgent Care

Tenant

$1.4M

vol

15 deals

Tenant

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