Top Pretty Nail Salon Leases Retail Space In East Village At 125 E. 4th St. With Landlord Jerry Atkins And Broker Jeremy Kamali - J3K Real Estate
125 E. 4th St.
Building Size
—
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
The retail property located at 125 E. 4th St. in East Village has been leased. The property, measuring approximately 500 square feet, was leased to Top Pretty Nail Salon. The landlord for this transaction is Jerry Atkins. The asking rent for the space was $120 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Leased
- Address: 125 E. 4th St.
- Market: East Village
- Tenant: Top Pretty Nail Salon
- Landlord: Jerry Atkins
The lease deal for this retail property was facilitated by Jeremy Kamali from J3K Real Estate. Jeremy Kamali acted as the broker representing both the landlord, Jerry Atkins, and the tenant, Top Pretty Nail Salon.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93