Alan Jemal Leases Retail Space To Chelsea Nails At 20 West 14th Street In Union Square
LEASED
New York
See Similar DealsRetail2,000 SF
Leased 02/01/2025
LEASED
Alan Jemal Leases Retail Space To Chelsea Nails At 20 West 14th Street In Union Square
20 West 14th Street
See Similar DealsRetail2,000 SF
Leased 02/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:2,000 SF
Transaction Type:Lease
The retail asset located at 20 West 14th Street in Union Square encompasses a lease with Chelsea Nails as the tenant. The lease is for a space measuring 2,000 square feet, with an asking rent of $120 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $240,000
- Address: 20 West 14th Street
- Market: Union Square
- Landlord: Alan Jemal
- Tenant: Chelsea Nails
- Brokers: Dorel Melloul, Marc Sitt, Solomon Sharaby, Samuel Chera & Norma Askenazi - KSR
- Lease Type: Retail Lease
Key individuals involved in this transaction include landlord Alan Jemal and the team of brokers representing the deal, which consists of Dorel Melloul, Marc Sitt, Solomon Sharaby, Samuel Chera, and Norma Askenazi from KSR.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$275,133.10
Total Lease Value
$2,751,331.03
Net Landlord Cash Flow$275,133.10
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