Jack Shamosh Leases Retail Space To Teso Beauty At 306 5th Avenue For $140/ft
306 5th Avenue
$140
$140/SF
Building Size
2,800 SF
Asset Type
Retail
Closing
Aug 20, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 306 5th Avenue in the Midtown South market. The lease type is a retail lease with an asking rent of $140 per square foot for a total area of 2,800 square feet.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $140/ft
- Address: 306 5th Avenue
- Market: Midtown South
- Landlord: Jack Shamosh
- Tenant: Teso Beauty
- Tenant's Representatives: Freddy Souid, Isaac Cooper & Jack Hamadani - KSR
- Lease Type: Retail Lease
This transaction highlights the roles of key individuals and companies involved in the agreement. The landlord, Jack Shamosh, is leasing the property to Teso Beauty, which is represented by Freddy Souid, Isaac Cooper, and Jack Hamadani from KSR. Their involvement underscores the professional representation throughout the lease process.
On the Map
$140
$140/SF
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Jack Hamadani to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
113307.14%
Cash-on-Cash
-32383.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93