Chera Realty Acquires Retail Property At 138 Clinton Street Manhattan For $1,425,000
138 Clinton Street
$1,425,000
$315/SF
Building Size
4,520 SF
Asset Type
Retail
Closing
Jun 14, 2026
About this deal
AI
The retail asset located at 138 Clinton Street in Manhattan has been sold for $1,425,000. The property spans 4,520 square feet, translating to a price per square foot of $315.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,425,000
- Address: 138 Clinton Street
- Market: Manhattan
- Square Footage: 4,520
- Price per Square Foot: $315
- Buyer: Chera Realty - Jeffrey Chera
- Seller: Delancey Street Associates
- Seller's Representatives: Eric Roth, Brett Siegel & Tyler Signora - Newmark
Jeffrey Chera of Chera Realty represented the buyer in this transaction, while Eric Roth, Brett Siegel, and Tyler Signora from Newmark acted on behalf of Delancey Street Associates, the seller. Each party was facilitated by their respective representatives to complete the sale of the retail space.
On the Map
$1,425,000
$315/SF
Retail
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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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93