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29 West 46th Street

Healthy Life Healing Spa Leases Retail Space At 29 West 46th Street For $37/ft
LEASEDRetail

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:

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

Joseph Khojahiny

Meridian Capital Group

Broker

13 deals

Broker
TG
The Torkian GroupLandlord

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