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Klosed Properties Leases Retail Space In Hell's Kitchen To Love Olde City & HuaCheng Restaurant

Property Image
LEASED
David Sabbagh
David Green
+ 1

New York

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Retail1,800 SF
Leased 12/21/2021
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Property Image
LEASED

Klosed Properties Leases Retail Space In Hell's Kitchen To Love Olde City & HuaCheng Restaurant

578 9th Avenue, New York City, New York 10036, United States

See Similar Deals
Retail1,800 SF
Leased 12/21/2021
David Sabbagh
David Green
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,800 SF
Transaction Type:Lease

A retail property located at 578 9th Avenue in Hell's Kitchen has been leased. The transaction took place on December 21, 2021. The asset spans an area of 1,800 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not mentioned
  • Address: 578 9th Avenue
  • Market: Hell's Kitchen

The landlord of the property is Klosed Properties, represented by Steven Kachanian. The tenants of the property are Love Olde City and HuaCheng Restaurant. The deal was facilitated by David Green, Ike Bibi, and David Sabbagh from KSR brokerage.

The property was leased for an asking rent of $335 per square foot.

Players

David Sabbagh
59 deals(646) 784-7735
BROKER

Ike Bibi
Kassin Sabbagh Realty
124 deals$274.3M volume(347) 417-2860
BROKER

David Green
Kassin Sabbagh Realty
176 deals$447M volume(516) 320-0260
BROKER

Steven Kachanian
Klosed Properties
37 deals$91.9M volume
LANDLORD

Details

LEASED
IMAGE: Ike Bibi, David Green & David Sabbagh DATE: 12/21/2021 ADDRESS: 578 9th Avenue MARKET: Hell's Kitchen ASSET TYPE: Retail LANDLORD: Klosed Properties - Steven Kachanian TENANT: Love Olde City & HuaCheng Restaurant BROKERS: David Green (@DavidStGreen), Ike Bibi (@IkeB) & David Sabbagh (@DSabbagh1) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $335/ft. ~ SF: 1,800

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Deal Type
Effective Rent (Annual)

$103,174.91

Total Lease Value

$1,031,749.14

Net Landlord Cash Flow$103,174.91