Joe Moinian Of The Moinian Group Leases Retail Space To Plie Nail Studio In Hell's Kitchen
LEASED
$110
New York
See Similar DealsRetail1,300 SF
Leased 07/01/2024
LEASED
Joe Moinian Of The Moinian Group Leases Retail Space To Plie Nail Studio In Hell's Kitchen
572 11th Avenue
See Similar DealsRetail1,300 SF
Leased 07/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$110
Total Square Footage:1,300 SF
Transaction Type:Lease
The retail asset involved in this transaction is located at 572 11th Avenue in Hell's Kitchen, Manhattan. The leased space encompasses 1,300 square feet with an asking rent of $110 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $143,000
- Landlord: Joe Moinian - The Moinian Group
- Tenant: Plie Nail Studio
- Brokers: David Green, David Sabbagh & Albert Salameh - KSR
- Lease Type: Retail Lease
The key individuals involved in this transaction are Joe Moinian representing The Moinian Group as the landlord and Plie Nail Studio as the tenant. The broker team facilitating the deal comprises David Green, David Sabbagh, and Albert Salameh from KSR.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$163,933.47
Total Lease Value
$1,639,334.74
Net Landlord Cash Flow$163,933.47
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