Powerhouse Gym Leases Mixed-Use Space At 158 West 27th Street In Manhattan

The asset involved in this transaction is a mixed-use property located at 158 West 27th Street in Manhattan. The lease was executed with an asking rent of $125 per square foot for the ground floor, $60 per square foot for the second floor, and $50 per square foot for the lower level, encompassing a total area of 18,887 square feet.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: $125/ft for ground floor, $60/ft for second floor, $50/ft for lower level
• Address: 158 West 27th Street
• Market: Manhattan
• Asset Type: Mixed-use
• Landlord: AFIAA
• Tenant: Powerhouse Gym
• Landlord's Rep: David Abrams, Jeff Jacobson & Eliot Goldschmidt - Masonre
• Tenant's Rep: Conrad Bradford - KSR
• SF: 18,887

David Abrams, Jeff Jacobson, and Eliot Goldschmidt represented the landlord, AFIAA, during the lease transaction. Conrad Bradford served as the representative for the tenant, Powerhouse Gym, highlighting the involvement of key individuals and agencies in the deal.