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138 Clinton Street

Chera Realty Acquires Retail Property At 138 Clinton Street Manhattan For $1,425,000
SOLDRetail

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

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.

Players

Brett Siegel

Newmark

Broker

$6.4B

vol

79 deals

Broker

Jeffrey Chera

Chera Realty Group

Buyer

$6.4M

vol

4 deals

Buyer
DA
Delancey Street AssociatesSeller

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