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
About this deal
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:
- Property Type: Retail
- Transaction Amount: $200/ft
- Address: 600 Sixth Avenue
- Market: Chelsea
- Landlord: United American Land
- Tenant: Koop Commons
- Landlord's Representative: Jack Hamadani, Freddy Souid & Joey Levy - KSR
- Tenant's Representative: Hunter Lazan & Jack Khaski - KSR
- Square Footage: 1,200
- Lease Type: Retail Lease
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.
On the Map
$200
$200/SF
Retail
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Players
United American LandLandlord
KC
Koop CommonsTenant
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