La Beaute Nail Salon Leases Retail Space At 110 West 86th Street In Upper West Side With Ben Biberaj, Andrew Ingber & James Famularo
110 West 86th Street, New York, NY 10024, USA
Building Size
2,000 SF
Asset Type
Retail
Closing
Sep 15, 2021
About this deal
AI
La Beaute Nail Salon has signed a lease for a retail space at 110 West 86th Street in the Upper West Side. The property spans 2,000 square feet and has an asking rent of $175 per square foot. The deal was brokered by Ben Biberaj, Andrew Ingber, and James Famularo from Meridian Retail Leasing.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 09/15/2021
- Address: 110 West 86th Street
- Market: Upper West Side
- Landlord: Heller Realty
- Tenant: La Beaute Nail Salon 💅
- Brokers: Ben Biberaj, Andrew Ingber, and James Famularo from Meridian Retail Leasing
- Asking Rent: $175 per square foot
- Square Footage: 2,000
The lease agreement was facilitated by Ben Biberaj, Andrew Ingber, and James Famularo from Meridian Retail Leasing, representing La Beaute Nail Salon as their brokers. Heller Realty acted as the landlord in this transaction.
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Retail
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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