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Bibhu Fashions Leases Commercial Space In Manhattan From The Kaufman Organization

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LEASED
$47

New York

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Commercial1,470 SF
Leased 07/09/2019
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Property Image
LEASED

Bibhu Fashions Leases Commercial Space In Manhattan From The Kaufman Organization

212 W 35th St, New York, NY, 10001

See Similar Deals
Commercial1,470 SF
Leased 07/09/2019
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Summary

NEW YORK
Asset Type:Commercial
Price Per Square Foot:$47
Total Square Footage:1,470 SF
Transaction Type:Lease

Located at 212 West 35th Street, between Seventh and Eighth Avenues in Manhattan, this commercial property encompasses 1,470 square feet. The lease deal for this space was finalized on 07/09/2019, with Bibhu Fashions as the tenant and The Kaufman Organization as the landlord. The agreed rent stands at $47 per square foot, amounting to an approximate annual rent of $69,090.

Summary of transaction details:

Steven Marvin from Olmstead Properties represented the tenant, Bibhu Fashions, in this lease agreement, while Samuel (Sam) Hartstein of Gemstone Realty Group acted as the landlord's representative, working on behalf of The Kaufman Organization. The deal was struck at a rate of $47 per square foot, securing a total annual rent of $69,090 for the commercial space at 212 West 35th Street in Manhattan.

Players

Steven Marvin
9 deals
BROKER

Samuel (Sam) Hartstein
Gemstone Realty Group
15 deals$5.5M volume(718) 704-1458
BROKER

Kaufman Organization
BROKERAGE

Steven Kaufman
Kaufman Organization
6 deals$78M volume
LANDLORD

Details

LEASED
IMAGE: 07/09/2019 ADDRESS: 212 W 35th St, New York, NY, 10001 MARKET: New York ASSET TYPE: Commercial TENANT'S REP: Steven Marvin(Olmstead Properties) LANDLORD'S REP: Samuel (Sam) Hartstein(Gemstone Realty Group) TENANT: Bibhu Fashions LANDLORD: The Kaufman Organization RENT/SF: 47 SQUARE FEET: 1470

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Deal Type
Effective Rent (Annual)

$79,203.94

Total Lease Value

$792,039.42

Net Landlord Cash Flow$79,203.94