Beauty World NYC LK Leases Retail Space At 26 West 27th Street In NoMad, Manhattan
26 West 27th Street
$150
$150/SF
Building Size
400 SF
Asset Type
Retail
Closing
Nov 17, 2023
AI
The retail property located at 26 West 27th Street in NoMad, Manhattan has been leased. The tenant, Beauty World NYC LK, has signed a lease agreement for the space. The property spans approximately 400 square feet and the asking rent was set at $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Address: 26 West 27th Street
- Market: NoMad, Manhattan
- Tenant: Beauty World NYC LK
- Asking Rent: $150/ft
- Square Footage: 400
Noam Aziz and James Famularo from Meridian Capital Group represented the landlord in the deal. They served as the landlord's representatives for this lease transaction. Sophia Gaines, from Kassin Sabbagh Realty, acted as the tenant's representative, assisting Beauty World NYC LK in securing the lease agreement.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93