Knv Nail Salon Leases Retail Space In West New York
5717 Bergenline Avenue, West New York, New Jersey 07093, United States
$60
$60/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Dec 6, 2022
AI
The retail property at 5717 Bergenline Avenue in West New York has been leased by Knv Nail Salon. The lease term is set for 10 years. The property spans approximately 1,800 square feet, with an asking rent of $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Leased
- Address: 5717 Bergenline Avenue
- Market: West New York
- Tenant: Knv Nail Salon
- Asking Rent: $60/ft.
- Lease Term: 10 years
The landlord for this property is Jason Hoffman & Family. The broker representing this lease agreement is Josh Augenbaum from Augenbaum Realty Corp.
Players
West New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93