LEASEDRetail
Steven Kashanian Leases Retail Space To Pop's Pizza At 360 West 42nd Street In Hell's Kitchen
360 West 42nd Street
$300
$300/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Oct 23, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 360 West 42nd Street in the Hell's Kitchen market. The property encompasses a total square footage of 1,000 and has an asking rent of $300 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $300/ft
- Square Footage: 1,000
- Address: 360 West 42nd Street
- Market: Hell's Kitchen
- Landlord: Steven Kashanian
- Tenant: Pop's Pizza
- Lease Type: Retail Lease
- Brokers: Michael Turovskiy, Albert Salameh, Ike Bibi & David Green - KSR
The deal was facilitated by brokers Michael Turovskiy, Albert Salameh, Ike Bibi, and David Green, representing the interest of the landlord and tenant in this retail lease transaction.
On the Map
$300
$300/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
52876.67%
Cash-on-Cash
-15112.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93