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
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