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306 5th Avenue

Jack Shamosh Leases Retail Space To Teso Beauty At 306 5th Avenue For $140/ft
LEASEDRetail

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

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:

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.

Players

Jack Hamadani

Kassin Sabbagh Realty

Broker

46 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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

113307.14%

Cash-on-Cash

-32383.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93