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29 West 46th Street

Savile Row Bespoke Tailor Leases Retail Space At 29 West 46th Street Manhattan For $50/ft
LEASEDRetail

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

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:

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.

Players

Joseph Khojahiny

Meridian Capital Group

Broker

12 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

Hersel Torkian

Landlord

$62.2M

vol

5 deals

Landlord

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