Art Nail NYC Leases Retail Space At 3 West 13th Street In Greenwich Village
3 West 13th Street
$62
$62/SF
Building Size
2,300 SF
Asset Type
Retail
Closing
Apr 26, 2024
AI
The retail property located at 3 West 13th Street - 2nd Floor in Greenwich Village, Manhattan, was leased under a retail lease agreement. The space spans 2,300 square feet, with an asking rent of $62 per square foot, amounting to a total of $12,000 per month.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Laura Cvek
- Tenant: Art Nail NYC
- Brokers: Ben Biberaj & Gabrielle Weiss - Meridian Capital Group; Josh Lipton & Andrew Levine - Invictus; Nolan Weinberg & Zachary Nathan - KSR
The lease for the retail space was facilitated by Laura Cvek as the landlord and Art Nail NYC as the tenant. The deal was negotiated with the help of multiple brokers representing both parties, including Ben Biberaj, Gabrielle Weiss from Meridian Capital Group, Josh Lipton, Andrew Levine from Invictus, and Nolan Weinberg, Zachary Nathan from KSR.
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
255854.84%
Cash-on-Cash
-73124.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93