Chai Urgent Care Leases Retail Space At 800 2nd Ave. In Murray Hill
800 2nd Avenue, New York City, New York 10017, United States
Building Size
4,200 SF
Asset Type
Retail
Closing
Feb 7, 2022
About this deal
AI
The retail property located at 800 2nd Ave in Murray Hill has been leased by Chai Urgent Care. The landlord, Phillips International, completed the transaction with the assistance of brokers Albert Manopla and Jack Khaski from KSR. The lease was signed on 02/08/2022.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $140/ft.
- Square Footage: 4,200
- Address: 800 2nd Ave
- Market: Murray Hill
Albert Manopla and Jack Khaski from KSR represented the landlord, Phillips International, in the lease deal with Chai Urgent Care. The property is well-positioned in Murray Hill and offers great potential for Chai Urgent Care to serve the local community.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93