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658 West 181st Street

Teppanyaki One Signs Retail Lease At 658 West 181st Street For $200 Per Square Foot
LEASEDRetail

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

Jack Hamadani

Kassin Sabbagh Realty

Broker

46 deals

Broker

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