Levy Silberstien Leases Retail Space To Peppercorn Station At 109 West 38th Street
LEASED
$90
New York
See Similar DealsMixed-use4,000 SF
Leased 08/01/2025
LEASED
Levy Silberstien Leases Retail Space To Peppercorn Station At 109 West 38th Street
109 West 38th Street
See Similar DealsMixed-use4,000 SF
Leased 08/01/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$90
Total Square Footage:4,000 SF
Transaction Type:Lease
This mixed-use asset, located at 109 West 38th Street in Midtown South, Manhattan, has a lease agreement for a retail space. The asking rent for the 4,000 square feet is set at $90 per square foot, under a lease term of 10 years.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $90/ft
- Square Footage: 4,000
- Address: 109 West 38th Street
- Market: Midtown South, Manhattan
- Lease Term: 10 Years
- Lease Type: Retail Lease
- Landlord: Levy Silberstien
- Tenant: Peppercorn Station
- Broker: Richard Bailey - RJBRE
Richard Bailey of RJBRE represented the ownership in this off-market transaction. RJBRE is actively expanding its team. For inquiries or opportunities, please contact RJBRE at info@rjbre.com.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$412,699.66
Total Lease Value
$4,126,996.55
Net Landlord Cash Flow$412,699.66
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