Saeed Amirian Leases Retail Space At 344 West 38th Street To Elina Beauty Studio
344 West 38th Street
$32
$32/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Aug 18, 2025
About this deal
AI
The property involved in the transaction is a retail space located at 344 West 38th Street in the Hudson Yards market. The lease type is a single net lease with an asking rent of $82 per square foot for a total area of 2,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $164,000
- Address: 344 West 38th Street
- Market: Hudson Yards
- Landlord: Saeed Amirian
- Tenant: Elina Beauty Studio
- Landlord's Representative: Michael Segerman - Current Real Estate Advisors
- Tenant's Representative: Allen Rosenthal
Key individuals involved in the lease transaction include landlord Saeed Amirian and tenant Elina Beauty Studio. The landlord's representative is Michael Segerman from Current Real Estate Advisors, while Allen Rosenthal acts as the tenant's representative.
On the Map
$32
$32/SF
Retail
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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
495718.75%
Cash-on-Cash
-141677.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93