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55 West 86th Street

VFC Nail Salon Leases Retail Space At 55 West 86th Street For $90 Per Foot
LEASEDRetail

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

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

194 deals

Broker
Landmark Realty Group
Landmark Realty GroupLandlord

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