Michael Weitzman Of Double U Realty Acquires Retail Condo From Johnny P. McCarthy For $5.8M
110 7th Avenue
$5,800,000
$767/SF
Building Size
7,556 SF
Asset Type
Retail
Closing
Dec 22, 2025
About this deal
AI
A ground-floor retail condo at 110 7th Avenue in Chelsea, Manhattan has been sold for a price of $5,800,000. The property comprises a total area of 7,556 square feet, resulting in a price per square foot of $768. The retail asset is currently leased to Williams Sonoma.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,800,000
- Address: 110 7th Avenue
- Market: Chelsea, Manhattan
- Square Footage: 7,556
- Price per Square Foot: $768
- Buyer: Michael Weitzman - Double U Realty
- Seller: Johnny P. McCarthy - HUBB NYC
Michael Weitzman from Double U Realty represented the buyer in this transaction, while Johnny P. McCarthy of HUBB NYC represented the seller. This transaction occurred on December 22, 2025.
On the Map
$5,800,000
$767/SF
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Weitzman to view all their deals.
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93