Beyond Sushi Inc. Leases Retail Space At 290 8th Avenue, Chelsea, Manhattan
290 8th Avenue, New York City, New York 10011, United States
$120
$120/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Aug 10, 2022
About this deal
AI
The retail property located at 290 8th Avenue in Chelsea, Manhattan has been leased. The transaction took place on 10/08/2022.
Summary of transaction details:
- Property Type: Retail
- Address: 290 8th Avenue, Chelsea, Manhattan
- Market: Chelsea, Manhattan
- Landlord: Francesca Pappagallo
- Tenant: Beyond Sushi Inc.
- Brokers: Swift Retail Advisors- Michael Gammal & Michael Kameo
The leased retail space spans approximately 2,500 square feet with an asking rent of $120 per square foot. The deal was facilitated by Swift Retail Advisors, represented by Michael Gammal and Michael Kameo.
On the Map
$120
$120/SF
Retail
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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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93