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444 West 17th Street

Matthew Maher Leases Retail Space To Candice Dixon At 444 West 17th Street In Chelsea
LEASEDRetail

Matthew Maher Leases Retail Space To Candice Dixon At 444 West 17th Street In Chelsea

444 West 17th Street

$100

$100/SF

Building Size

1,290 SF

Asset Type

Retail

Closing

Oct 30, 2025

AI

The asset involved in this lease transaction is a retail space located at 444 West 17th Street in Chelsea, Manhattan. The property has a total square footage of 1,290 and the asking rent is set at $100 per square foot. The lease type is classified as a Single Net Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $100/ft
  • Square Footage: 1,290
  • Address: 444 West 17th Street
  • Market: Chelsea, Manhattan
  • Landlord: Matthew Maher
  • Tenant: Candice Dixon
  • Landlord's Representative: Catherine Merck & Sean Moran - Cushman & Wakefield
  • Tenant's Representative: Bobby Ortense - Meridian Capital Group
  • Lease Type: Single Net Lease

Key individuals in this lease transaction include landlord Matthew Maher and tenant Candice Dixon. The transaction was facilitated by landlord's representatives Catherine Merck and Sean Moran from Cushman & Wakefield, along with the tenant's representative Bobby Ortense from Meridian Capital Group.

Players

Sean Moran

Cushman & Wakefield

Broker

8 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93