Meridian Capital Group Represents Uv Nail Spa In Lease At 141 East 55th Street New York Retail
141 East 55th Street
$120
$120/SF
Building Size
1,788 SF
Asset Type
Retail
Closing
Dec 20, 2022
About this deal
AI
The retail property located at 141 East 55th Street in New York has been leased. The tenant, Uv Nail Spa, has secured a lease for the space. The leasing transaction was facilitated by brokers James Famularo and Andrew Ingber from Meridian Capital Group. The asking rent for the property was $120 per square foot, with a total area of 1,788 square feet.
Summary of transation details
- Property Type: Retail
- Tenant: Uv Nail Spa
- Brokers: James Famularo & Andrew Ingber - Meridian Capital Group
- Asking Rent: $120 per square foot
- Square Footage: 1,788 square feet
James Famularo and Andrew Ingber, representing Meridian Capital Group, were instrumental in facilitating the lease of the retail property at 141 East 55th Street in New York. Their expertise and negotiation skills played a vital role in securing the deal between the landlord and the tenant, Uv Nail Spa.
On the Map
$120
$120/SF
Retail
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Players
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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