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38a West 30th Street, New Y...

Updated Oct 28, 2024

One Nail Studio Leases Retail Space At 38A West 30th Street In NoMad
LEASEDRetail

One Nail Studio Leases Retail Space At 38A West 30th Street In NoMad

38a West 30th Street, New York City, New York 10001, United States

Building Size

1,050 SF

Asset Type

Retail

Closing

Apr 17, 2022

About this deal

AI

One Nail Studio has signed a lease for a retail space located at 38A West 30th Street in the NoMad market. Carolina Aziz, Maddy Soffer, and Ike Bibi from KSR represented the tenant in this transaction. The lease was finalized on April 18, 2022.

Summary of transaction details:

  • Property Type: Retail
  • Address: 38A West 30th Street
  • Market: NoMad

The landlord in this lease transaction is Pinky Fanwi. The asking rent was $160 per square foot, and the total square footage of the retail space is 1,050. The lease agreement was facilitated by Ike Bibi, Carolina Aziz, and Maddy Soffer from KSR.

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

126 deals

Broker

Pinky Fanwi

Landlord

2 deals

Landlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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