The Handpulled Noodle Leases Retail Space At 354 West 44th Street In Hell's Kitchen, Manhattan
354 West 44th Street
$88
$88/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Sep 28, 2023
AI
The property at 354 West 44th Street in Hell's Kitchen, Manhattan, is currently available for lease. The retail space, measuring 1,500 square feet, is being marketed by James Famularo and Evan Roteman of Meridian Capital Group, along with Shalabh Sanger of Spire Group. The landlord, Josh Einhorn, is seeking an asking rent of $88 per square foot.
Summary of transaction details
- Property Type: Retail
- Address: 354 West 44th Street, Hell's Kitchen, Manhattan
- Market: Hell's Kitchen, Manhattan
- Landlord: Josh Einhorn
- Tenant: The Handpulled Noodle
- Brokers: James Famularo and Evan Roteman - Meridian Capital Group; Shalabh Sanger - Spire Group
- Asking Rent: $88 per square foot
- Square Footage: 1,500
The Handpulled Noodle, a tenant in the lease deal, will occupy the retail space at 354 West 44th Street in Hell's Kitchen. James Famularo and Evan Roteman of Meridian Capital Group, along with Shalabh Sanger of Spire Group, represented the tenant and negotiated the terms of the lease agreement with landlord Josh Einhorn.
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
180261.36%
Cash-on-Cash
-51519.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93