Ka’Lin Spa Leases Retail Space At 33 Greenwich Avenue With Landlord Chestnut Commercial
33 Greenwich Avenue
$96
$96/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Aug 1, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 33 Greenwich Avenue in the West Village market. The asking rent for this property is set at $96 per square foot, and it encompasses a total area of 1,000 square feet. The lease type for this transaction is categorized as a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $96/ft
- Square Footage: 1,000
- Address: 33 Greenwich Avenue
- Market: West Village
- Landlord: Chestnut Commercial
- Tenant: Ka’Lin Spa
- Landlord's Representative: Adam Lavian & Moshe Schultz - Titan Group New York
The transaction involves key individuals and companies such as Chestnut Commercial acting as the landlord and Ka’Lin Spa as the tenant. The deal was facilitated by the landlord's representatives Adam Lavian and Moshe Schultz, who are affiliated with Titan Group New York. Titan Group New York specializes in commercial and residential leasing, providing guidance for owners looking to lease their vacant units.
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
165239.58%
Cash-on-Cash
-47225.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93