AYA Hotels Leases Hotel Space At 837 Second Avenue In Turtle Bay With Landlord Steven Kashanian
LEASED
$60
New York
See Similar DealsHotel13,125 SF
Leased 06/02/2023
LEASED
AYA Hotels Leases Hotel Space At 837 Second Avenue In Turtle Bay With Landlord Steven Kashanian
837 2nd Ave New York, NY 10017, USA
See Similar DealsHotel13,125 SF
Leased 06/02/2023
Summary
NEW YORK
Asset Type:Hotel
Price Per Square Foot:$60
Total Square Footage:13,125 SF
Transaction Type:Lease
Turtle Bay's hotel market has seen a new lease transaction with AYA Hotels leasing the property at 837 Second Avenue. The landlord, Steven Kashanian, has agreed to the deal. The lease was facilitated by brokers Jeff Geoghegan and Ariel Baradarian from KSR. The property offers a total square footage of 13,125, with an asking rent of $60 per square foot.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: Lease
- Address: 837 Second Avenue
- Market: Turtle Bay
- Landlord: Steven Kashanian
- Tenant: AYA Hotels
- Brokers: Jeff Geoghegan & Ariel Baradarian - KSR
- Asking Rent: $60/ft.
- Square Footage: 13,125
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$902,780.50
Total Lease Value
$9,027,804.96
Net Landlord Cash Flow$902,780.50
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