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37 West 26th Street

Chi Chicken Leases Retail Space At 37 West 26th Street From Windsor Management For $120/ft
LEASEDRetail

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

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.

Players

David Scher

Lee & Associates

Broker

8 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage

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