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339 West 44th Street

Z Style Salon Leases Retail Space At 339 West 44th Street In Hell's Kitchen For $94/ft
LEASEDRetail

Z Style Salon Leases Retail Space At 339 West 44th Street In Hell's Kitchen For $94/ft

339 West 44th Street

$94

$94/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jun 30, 2025

AI

The retail asset located at 339 West 44th Street in the Hell's Kitchen market comprises a leased space with an asking rent of $94 per square foot, totaling approximately 1,000 square feet. The lease type is a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $94/ft
  • Square Footage: 1,000 SF
  • Date of Lease: 7/1/2025
  • Tenant: Z Style Salon
  • Landlord's Representative: Noam Aziz & Eli Marcus - Meridian Capital Group

Noam Aziz and Eli Marcus acted as the representatives for the landlord in this transaction, facilitating the agreement between the property owner and the tenant, Z Style Salon. Their involvement highlights the brokerage services provided by Meridian Capital Group in this lease agreement.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

238 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

168755.32%

Cash-on-Cash

-48230.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93