Uv Nail Spa Leases Retail Space At 141 East 55th Street In New York With Brokers James Famularo & Andrew Ingber - Meridian Capital Group
141 East 55th Street, New York 10022, USA
$120
$120/SF
Building Size
1,788 SF
Asset Type
Retail
Closing
Dec 20, 2022
AI
The lease of a retail space located at 141 East 55th Street in New York has been finalized. The transaction took place on 12/20/2022. The property offers approximately 1,788 square feet of space. Uv Nail Spa has become the tenant for this retail property.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 12/20/2022
- Address: 141 East 55th Street, New York
- Tenant: Uv Nail Spa
- Asking Rent: $120 per square foot
- Size: 1,788 square feet
The lease negotiations were handled by James Famularo and Andrew Ingber representing Meridian Capital Group.
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93