Tokuyamatcha & Onigirazu Bar Signs Retail Lease At 115 East 27th Street In NoMad, Manhattan
115 East 27th Street
$127
$127/SF
Building Size
540 SF
Asset Type
Retail
Closing
Jan 22, 2024
AI
The retail property at 115 East 27th Street in NoMad, Manhattan has been leased to Tokuyamatcha & Onigirazu Bar. The property is owned by Schube Limited Partners and Salon Realty Corp, with Joshua Salon representing the landlords. The tenant was represented by Kyle Fink from Meridian Capital Group. The lease type is a retail lease, with an asking rent of $127 per square foot for a total size of 530 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 115 East 27th Street
- Market: NoMad, Manhattan
- Tenant: Tokuyamatcha & Onigirazu Bar
- Landlord: Schube Limited Partners & Salon Realty Corp - Joshua Salon
- Tenant's Representative: Kyle Fink - Meridian Capital Group
- Landlord's Representative: Joshua Salon
- Asking Rent: $127/ft
- Square Footage: 530
- Lease Type: Retail Lease
Kyle Fink from Meridian Capital Group played a crucial role as the tenant's representative in this lease transaction. Joshua Salon represented the landlords, Schube Limited Partners and Salon Realty Corp. The deal between the tenant, Tokuyamatcha & Onigirazu Bar, and the landlords involved negotiations for the retail lease at the property located at 115 East 27th Street in NoMad, Manhattan.
Players
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
124905.51%
Cash-on-Cash
-35698.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93