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600 Sixth Avenue

United American Land Leases 1,200 SF Retail Space To Koop Commons In Chelsea For $200/ft
LEASEDRetail

United American Land Leases 1,200 SF Retail Space To Koop Commons In Chelsea For $200/ft

600 Sixth Avenue

$200

$200/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

May 21, 2026

AI

The retail asset located at 600 Sixth Avenue in the Chelsea market encompasses 1,200 square feet and commands an asking rent of $200 per foot. The lease type is categorized as a Retail Lease.

Summary of transaction details:

Representatives involved in this deal include Jack Hamadani, Freddy Souid, and Joey Levy who represent the landlord, while Hunter Lazan and Jack Khaski represent the tenant. All parties are affiliated with KSR.

Players

Jack Khaski

Kassin Sabbagh Realty

Broker

$4.3M

vol

47 deals

Broker
United American Land
United American LandLandlord

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

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93