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199 Chrystie Street

Updated Oct 21, 2026

Lee Razak Acquires Retail Property At 199 Chrystie Street For $1.8M From Charles Dubruff
SOLDRetail

Lee Razak Acquires Retail Property At 199 Chrystie Street For $1.8M From Charles Dubruff

199 Chrystie Street

$1,800,000

$549/SF

Building Size

3,274 SF

Asset Type

Retail

Closing

Sep 21, 2026

About this deal

AI

The property involved in this transaction is a retail asset located at 199 Chrystie Street in the Lower East Side market. The sale price for this property was $1,800,000, with a total size of 3,274 square feet, resulting in a price per square foot of $549.

Summary of transaction details:

This transaction highlights the key parties involved, with Lee Razak as the buyer and Charles Dubruff as the seller. The seller was represented by the brokerage team of Maurice Suede, Brett Siegel, Eric Roth, and Harry James from Newmark, facilitating the completion of this deal.

On the Map

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$1,800,000

$549/SF

Retail

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Players

Brett Siegel

Newmark

Broker

$6.5B

vol

86 deals

Broker

Liron Razak

Buyer

$1.8M

vol

1 deal

Buyer

Charles Dubruff

Seller

$1.8M

vol

1 deal

Seller
Bilt advertisement

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $549 per square foot on a published $1.8M for 3,274 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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