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141 East 55th Street

Meridian Capital Group Represents Uv Nail Spa In Lease At 141 East 55th Street New York Retail
LEASEDRetail

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

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

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.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

368 deals

Broker
US
Uv Nail SpaTenant

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