Richard Nagel Leases Retail Space To Lux Healing Spa 18 NYC At 4 West 18th Street
LEASED
$48
New York
See Similar DealsRetail2,000 SF
Leased 07/01/2025
LEASED
Richard Nagel Leases Retail Space To Lux Healing Spa 18 NYC At 4 West 18th Street
4 West 18th Street
See Similar DealsRetail2,000 SF
Leased 07/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$48
Total Square Footage:2,000 SF
Transaction Type:Lease
The property asset involved in this lease transaction is located at 4 West 18th Street in the Flatiron District. This retail space encompasses 2,000 square feet and is leased at an asking rent of $48 per square foot. The lease agreement is structured as a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $48/ft
- Lease Type: Single Net Lease
- Landlord: Richard Nagel
- Tenant: Lux Healing Spa 18 NYC
- Landlord's Representative: Ben Biberaj & Nick Hanna - Meridian Capital Group
Key individuals involved in the transaction include Richard Nagel as the landlord and Lux Healing Spa 18 NYC as the tenant. The landlord's representatives, Ben Biberaj and Nick Hanna, are affiliated with Meridian Capital Group, facilitating the lease arrangement.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$110,053.24
Total Lease Value
$1,100,532.41
Net Landlord Cash Flow$110,053.24
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