ACA Acupuncture Leases Retail Space On Upper West Side, NYC
129 West 72nd Street
$74
$74/SF
Building Size
2,600 SF
Asset Type
Retail
Closing
Nov 1, 2023
AI
The retail property located at 129 West 72nd Street in the Upper West Side has been leased. The tenant, ACA Acupuncture, has entered into a lease agreement for the space. The property spans 2,600 square feet and the asking rent was $74 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 129 West 72nd Street
- Market: Upper West Side
- Asking Rent: $74/ft
- Square Footage: 2,600
The landlord in this deal is Joseph Annuziata of Nunz Equities West. Representing the landlord is James Famularo and Jacob Mayer from Meridian Capital Group. On the tenant's side, Ryan Elazari of PD Properties acted as their representative.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
214364.86%
Cash-on-Cash
-61266.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93