Top Pretty Nail Salon Leases Retail Space At 125 E. 4th St. In East Village
125 East 4th Street, New York City, New York 10003, United States
Building Size
500 SF
Asset Type
Retail
Closing
Jun 14, 2022
AI
Located in the vibrant East Village market, a retail space at 125 E. 4th St. has recently been leased. The property, measuring 500 square feet, was leased to Top Pretty Nail Salon. Represented by Jeremy Kamali from J3K Real Estate, the deal was facilitated by landlord 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
- Broker: Jeremy Kamali - J3K Real Estate
- Asking Rent: $120/ft.
- Square footage: 500
The successful lease agreement was made possible through the efforts of Jeremy Kamali from J3K Real Estate, who represented the tenant, Top Pretty Nail Salon. The landlord, Jerry Atkins, negotiated the terms, resulting in the satisfactory leasing of the 500 square foot retail space at 125 E. 4th St. in the East Village.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93