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141 East 55th Street, New Y...

Updated Oct 29, 2024

Uv Nail Spa Leases Retail Space At 141 East 55th Street In New York With Brokers James Famularo & Andrew Ingber - Meridian Capital Group
LEASEDRetail

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

Building Size

1,788 SF

Asset Type

Retail

Closing

Dec 20, 2022

About this deal

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.

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Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

390 deals

Broker
US
Uv Nail SpaTenant
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New York Retail Market Snapshot

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Deal FAQ

About $120 per square foot for 1,788 square feet (2022).

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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

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