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
About this deal
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
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