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48 West 22nd Street

Hela Skin Care Signs Retail Lease At 48 West 22nd Street For $125 Per Square Foot
LEASEDRetail

Hela Skin Care Signs Retail Lease At 48 West 22nd Street For $125 Per Square Foot

48 West 22nd Street

$125

$125/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Aug 5, 2026

AI

The property involved in this transaction is a retail space located at 48 West 22nd Street in the Flatiron market. It encompasses an area of 2,000 square feet, with an asking rent of $125 per square foot. This property is categorized as a retail lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $125/ft
  • Square Footage: 2,000
  • Address: 48 West 22nd Street
  • Market: Flatiron
  • Landlord: KSR
  • Tenant: Hela Skin Care
  • Brokers: Julia Maksimova & Albert Manopla - KSR

Key individuals involved in this transaction include Julia Maksimova and Albert Manopla, who represented KSR in this lease agreement. They played a significant role in facilitating the deal for the landlord while securing Hela Skin Care as the tenant.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

88 deals

Broker
KSR Capital
KSR CapitalLandlord

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

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93