Chi Chicken Leases Retail Space At 37 West 26th Street From Windsor Management For $120/ft
37 West 26th Street
$120
$120/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Jun 30, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 37 West 26th Street in the Flatiron market. The total square footage of the space is 2,500, with an asking rent set at $120 per square foot. The lease type for this transaction is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Square Feet: 2,500
- Address: 37 West 26th Street
- Market: Flatiron
- Landlord: Windsor Management
- Tenant: Chi Chicken
- Brokers: Catherine O’Toole, David Scher, Stephanie Moore & Jordan Cohen - Lee & Associates
Key individuals involved in the transaction include the landlord Windsor Management and the tenant Chi Chicken. The brokerage team representing the deal consists of Catherine O’Toole, David Scher, Stephanie Moore, and Jordan Cohen from Lee & Associates.
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