Savile Row Bespoke Tailor Leases Retail Space At 29 West 46th Street Manhattan For $50/ft
29 West 46th Street
$50
$50/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Dec 7, 2025
About this deal
AI
The property asset involved in this transaction is located at 29 West 46th Street, Manhattan. It is a retail space with a lease type classified as a Single Net Lease. The asking rent for the 1,800 square feet of this property is set at $50 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $90,000
- Address: 29 West 46th Street
- Market: Manhattan
- Landlord: Hersel Torkian & Family
- Tenant: Savile Row Bespoke Tailor
- Brokers: Noam Aziz, Carson Shahrabani & Joseph Khojahiny - Meridian Capital Group
- Lease Type: Single Net Lease
The transaction features notable contributors such as the landlord, Hersel Torkian & Family, and the tenant, Savile Row Bespoke Tailor. The brokerage firm involved in this lease transaction comprises Noam Aziz, Carson Shahrabani, and Joseph Khojahiny from Meridian Capital Group, who collectively facilitated the deal.
On the Map
$50
$50/SF
Retail
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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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93