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2811 Broadway

Updated Oct 29, 2024

Bilt advertisement
Broadway Nails & Spa Inc. Leases Retail Space At 2811 Broadway In New York City
LEASEDRetail

Broadway Nails & Spa Inc. Leases Retail Space At 2811 Broadway In New York City

2811 Broadway

$144

$144/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Dec 12, 2022

About this deal

AI

The retail property located at 2811 Broadway in New York City has been leased. The transaction was facilitated by Ben Biberaj, Elliot Wygoda, and Ben Howard from Meridian Capital Group.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Tenant: Broadway Nails & Spa Inc.
  • Asking Rent: $144/ft.
  • Square Footage: 1,000
  • Market: New York City

The lease agreement was signed by Broadway Nails & Spa Inc. for the retail space. The property was represented by Ben Biberaj, Elliot Wygoda, and Ben Howard from Meridian Capital Group.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

209 deals

Broker

Schenectady Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $144 per square foot on a published $144 for 1,000 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

110159.72%

Cash-on-Cash

-31483.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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