LEASEDRetail
Howard Brachfeld Leases Retail Space To Snow Flake Spa In Hell's Kitchen For $134/ft
619 9th Avenue
$134
$134/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Aug 1, 2026
About this deal
AI
The property involved in this transaction is a retail space located at 619 9th Avenue in the Hell's Kitchen area of Manhattan. The asset has a single net lease agreement in place with an asking rent of $134 per square foot for a total size of 2,200 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $134/ft
- Address: 619 9th Avenue
- Market: Hell's Kitchen, Manhattan
- Landlord: Howard Brachfeld
- Tenant: Snow Flake Spa
- Lease Type: Single Net Lease
- Landlord's Representative: James Famularo & Kyle Fink - Meridian Capital Group
- Tenant's Representative: Milly Cheung - Lee & Associates
This transaction involves significant players in the real estate field. Howard Brachfeld serves as the landlord, while the tenant, Snow Flake Spa, is represented by Milly Cheung from Lee & Associates. The landlord's interests are represented by James Famularo and Kyle Fink from Meridian Capital Group, who facilitated the lease agreement.
On the Map
$134
$134/SF
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit James Famularo to view all their deals.
Browse New York retail leases on Traded.
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