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124 Second Avenue

Tao Nail Salon Signs Lease At 124 Second Avenue In East Village For $125 Per Foot
LEASEDRetail

Tao Nail Salon Signs Lease At 124 Second Avenue In East Village For $125 Per Foot

124 Second Avenue

$125

$125/SF

Building Size

800 SF

Asset Type

Retail

Closing

Jul 8, 2026

AI

This is a retail asset located at 124 Second Avenue in East Village, Manhattan, with an asking rent of $125 per square foot. The total square footage of the space is 800, and the lease type is a Single Net Lease.

Summary of transation details:

The lease transaction was facilitated by Noam Aziz and Max Freudenberger representing the landlord, while Will Sine represented the tenant, Tao Nail Salon. These professionals are associated with Meridian Capital Group and Meridian Retail Leasing, respectively.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

252 deals

Broker

Tao Nail Salon

Tenant

1 deal

Tenant

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

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93