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Samuel Chera & Solomon Sharaby Acquires Mixed-Use Property In Times Square With Tenant Silky Kitchen NYC

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LEASED

New York

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Mixed-use15,000 SF
Leased 01/14/2020
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LEASED

Samuel Chera & Solomon Sharaby Acquires Mixed-Use Property In Times Square With Tenant Silky Kitchen NYC

138 W 46th St, New York, NY 10036, USA

See Similar Deals
Mixed-use15,000 SF
Leased 01/14/2020
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Summary

NEW YORK
Asset Type:Mixed-use
Total Square Footage:15,000 SF
Transaction Type:Lease

138 West 46th Street, located in Times Square, has been involved in a closed transaction. The mixed-use property had an asking rent of $200 with a total square footage of 1,500. The property was leased by Silky Kitchen NYC, a tenant, while the landlord was Penn Plaza Consultants Group, represented by Jonah Kriger. The deal was facilitated by brokers Samuel Chera and Solomon Sharaby from Kassin Sabbagh Realty.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: N/A
  • Address: 138 West 46th Street
  • Market: Times Square
  • Tenant: Silky Kitchen NYC
  • Landlord: Penn Plaza Consultants Group - Jonah Kriger
  • Brokers: Samuel Chera, Solomon Sharaby - Kassin Sabbagh Realty
  • Asking Rent: $200
  • Square Footage: 1,500

The deal's key individuals and companies involved in this closed transaction signify their roles and commitments. Silky Kitchen NYC assumed the position of the tenant, while Penn Plaza Consultants Group, with representation from Jonah Kriger, acted as the landlord. The transaction was successfully facilitated by Samuel Chera and Solomon Sharaby, who served as brokers representing Kassin Sabbagh Realty.

Players

Samuel "Sam" Chera
29 deals
BROKER

Solomon Sharaby
Kassin Sabbagh Realty
98 deals$3M volume
BROKER

Jonah Kriger
5 deals$39.2M volume
LANDLORD

Details

LEASED
IMAGE: Samuel Chera & Solomon Sharaby DATE: 01/14/2020 ADDRESS: 138 West 46th Street MARKET: Times Square ASSET TYPE: Mixed-use TENANT: @SilkyKitchenNYC LANDLORD: Penn plaza Consultants Group – Jonah Kriger BROKERS: Samuel Chera, Solomon Sharaby @kassin_sabbagh_realty ASKING RENT: $200 SF: 1,500

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Deal Type
Effective Rent (Annual)

$859,790.95

Total Lease Value

$8,597,909.48

Net Landlord Cash Flow$859,790.95