ZG Capital Partners Leases Retail Space To QQ Nails At 1418 Lexington Avenue For $132/ft
1418 Lexington Avenue
$132
$132/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
May 26, 2026
About this deal
AI
The lease transaction involves a retail property located at 1418 Lexington Avenue in the Upper East Side market. The asking rent is set at $132 per square foot for a total area of 1,000 square feet. This transaction is categorized under a Single Net Lease arrangement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $132/ft
- Square Footage: 1,000 SF
- Landlord: ZG Capital Partners
- Tenant: QQ Nails
- Landlord's Representative: Noam Aziz & Kevin Bisconti - Meridian Capital Group
Noam Aziz and Kevin Bisconti represent ZG Capital Partners in this lease transaction, facilitating the deal with QQ Nails. Their expertise through Meridian Capital Group plays a crucial role in the successful negotiation of the lease terms.
On the Map
$132
$132/SF
Retail
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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
120174.24%
Cash-on-Cash
-34346.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93