VFC Nail Salon Leases Retail Space At 55 West 86th Street For $90 Per Foot
55 West 86th Street
$90
$90/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Apr 22, 2026
AI
This retail asset, located at 55 West 86th Street in the Upper West Side market, has a lease term of 10 years. The property spans 1,200 square feet and the modified gross lease is set at an asking rent of $90 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Square Footage: 1,200
- Address: 55 West 86th Street
- Market: Upper West Side
- Landlord: Landmark Realty
- Tenant: VFC Nail Salon
- Brokers: Ben Biberaj, Russell Kolen - IPRG Retail Leasing & Desi Avidane - Investment Property Realty Group (IPRG)
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
Ben Biberaj and Russell Kolen represent IPRG Retail Leasing in this transaction, while Desi Avidane is affiliated with Investment Property Realty Group (IPRG), assisting in leasing negotiations for VFC Nail Salon at the specified retail address.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93