Royal Fresh Laundromat Leases Retail Space At 568 Ninth Avenue In Hell's Kitchen For $136/ft
LEASED
$136
New York
See Similar DealsRetail1,500 SF
Leased 01/30/2026
LEASED
Royal Fresh Laundromat Leases Retail Space At 568 Ninth Avenue In Hell's Kitchen For $136/ft
568 Ninth Avenue
See Similar DealsRetail1,500 SF
Leased 01/30/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$136
Total Square Footage:1,500 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 568 Ninth Avenue in the Hell's Kitchen market. It features a lease of 1,500 square feet at an asking rent of $136 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $204,000
- Landlord: Steven Kashanian - Klosed Properties
- Tenant: Royal Fresh Laundromat
- Lease Type: Retail Lease
- Lease Date: 1/30/2026
- Brokers: David Green & Albert Salameh - KSR
Key individuals in this transaction include the landlord, Steven Kashanian, representing Klosed Properties, and the brokers David Green and Albert Salameh, who facilitated the deal on behalf of the tenant, Royal Fresh Laundromat.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$233,863.14
Total Lease Value
$2,338,631.38
Net Landlord Cash Flow$233,863.14
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