Teppanyaki One Signs Retail Lease At 658 West 181st Street For $200 Per Square Foot
658 West 181st Street
$200
$200/SF
Building Size
1,219 SF
Asset Type
Retail
Closing
May 29, 2026
AI
The retail lease transaction involves a property located at 658 West 181st Street in the Washington Heights market. The asset is being leased at an asking rent of $200 per square foot, encompassing a total area of 1,219 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 1,219 SF
- Address: 658 West 181st Street
- Market: Washington Heights
- Landlord: Ashkenazy Acquisitions
- Tenant: Teppanyaki One
- Lease Type: Retail Lease
- Brokers: Darren Kassin, Freddy Souid & Jack Hamadani - KSR
The deal features key representatives such as the landlord, Ashkenazy Acquisitions, and tenant, Teppanyaki One, with brokering services provided by Darren Kassin, Freddy Souid, and Jack Hamadani from KSR, ensuring effective management of the transaction process.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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