Healthy Life Healing Spa Leases Retail Space At 29 West 46th Street For $37/ft
29 West 46th Street
$37
$37/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Jun 12, 2026
AI
The retail asset located at 29 West 46th Street in Manhattan has a lease type of Single Net Lease. The asking rent for the property is set at $37 per square foot, encompassing a total area of 1,800 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $37/ft
- Address: 29 West 46th Street
- Market: Manhattan
- Landlord: The Torkian Group
- Tenant: Healthy Life Healing Spa
- Brokers: Noam Aziz, Carson Shahrabani & Joseph Khojahiny - Meridian Capital Group
The involved parties in this transaction include The Torkian Group as the landlord and Healthy Life Healing Spa as the tenant. The representation of this lease is handled by the brokerage team of Noam Aziz, Carson Shahrabani, and Joseph Khojahiny from Meridian Capital Group.
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
428729.73%
Cash-on-Cash
-122532.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93