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461 West 23rd Street

Billi Wannajaro Leases Retail Space At 461 West 23rd Street Manhattan From Landlord Rick Weisfisch
LEASEDRetail

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

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.

Players

Bobby Ortense

Meridian Capital Group

Broker

70 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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