facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

424 Broadway

Chic Collectibles Co. Leases Retail Space At 424 Broadway In SoHo With Landlord Elliot Chehebar
LEASEDRetail

Chic Collectibles Co. Leases Retail Space At 424 Broadway In SoHo With Landlord Elliot Chehebar

424 Broadway

$235

$235/SF

Building Size

8,800 SF

Asset Type

Retail

Closing

Dec 11, 2025

AI

The property involved in this transaction is located at 424 Broadway in the SoHo market. It is categorized as a retail asset with a total square footage of 8,800. The asking rent is set at $235 per square foot.

Summary of transaction details:

The deal was facilitated by brokers Sophia Gaines, Ike Bibi, Jack Khaski, and Albert Manopla, all of whom represent KSR in this transaction, highlighting their role in connecting the landlord and tenant for this retail lease agreement.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

67502.13%

Cash-on-Cash

-19292.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93