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
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.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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