Billi Wannajaro Leases Retail Space At 461 West 23rd Street Manhattan From Landlord Rick Weisfisch
461 West 23rd Street
$134
$134/SF
Building Size
2,700 SF
Asset Type
Retail
Closing
Dec 18, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 461 West 23rd Street in the Manhattan market. The lease type is a Single Net Lease, with an asking rent of $134 per square foot for a total area of 2,700 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $134/ft
- Lease Type: Single Net Lease
- Address: 461 West 23rd Street
- Market: Manhattan
- Landlord: Rick Weisfisch
- Tenant: Billi Wannajaro
- Brokers: Bobby Ortense & Justin Bustamante - Meridian Capital Group
This lease was facilitated by brokers Bobby Ortense and Justin Bustamante from Meridian Capital Group, who represented the deal between the landlord and tenant. The involvement of these brokers highlights their expertise in the Manhattan retail market, contributing to the successful negotiation of this lease agreement.
On the Map
$134
$134/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
118380.60%
Cash-on-Cash
-33833.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93