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Next Step Realty Leases Mixed-Use Space At 4 East 8th Street In Greenwich Village

Property Image
LEASED
$120

New York

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Mixed-use1,000 SF
Leased 11/01/2023
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Property Image
LEASED

Next Step Realty Leases Mixed-Use Space At 4 East 8th Street In Greenwich Village

4 East 8th Street

See Similar Deals
Mixed-use1,000 SF
Leased 11/01/2023
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$120
Total Square Footage:1,000 SF
Transaction Type:Lease

The property involved in this lease transaction is a mixed-use space located at 4 East 8th Street, in the Greenwich Village area of Manhattan. The space comprises approximately 1,000 square feet, with an asking rent of $120 per square foot. The lease type is a ground lease.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: N/A
  • Address: 4 East 8th Street, Greenwich Village, Manhattan
  • Market: Greenwich Village, Manhattan

In this lease deal, the landlord, Thomas Hersch, entered into an agreement with the tenant, Next Step Realty. The broker representing both parties in this transaction is Michael Bijou from BH Realty.

BH Realty is a full-service commercial and residential brokerage known for their expertise in both exclusive leasing and sales. They prioritize relationships with their clients and provide advice to owners and developers on maximizing the growth potential of their assets.

For owners interested in complimentary services such as market updates, comp/pricing reports, and construction/renovation consultations, they can contact BH Realty at [email protected].

Brokers looking to enhance their real estate skill set and work with exclusive listings can also reach out to BH Realty at [email protected] to explore career opportunities within the industry.

Players

Michael Bijou
4 deals(646) 648-0248
BROKER

Details

LEASED
IMAGE: Michael Bijou DATE: 11/01/2023 ADDRESS: 4 East 8th Street MARKET: Greenwich Village, Manhattan ASSET TYPE: Mixed-use LANDLORD: Thomas Hersch TENANT: Next Step Realty BROKER: Michael Bijou (@MichaelBijou) - BH Realty (@BHRealtyNYC) ASKING RENT: $120/ft ~ SF: 1,000 LEASE TYPE: Ground Lease NOTE FROM BROKER: BH Realty is a full-service commercial and residential brokerage specializing in both exclusive leasing and sales. The BH team continues to be successful because they prioritize the relationships they have with their current and future clients, while also advising owners and developers alike on how to maximize the growth potential of their assets. Owners - For complimentary services such as market updates, comp/pricing reports, and construction/renovation consultations - email [email protected] Brokers - If you are interested in enhancing your real estate skill set, working with exclusive listings, and developing a life-long career within the industry - email [email protected]

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Deal Type
Effective Rent (Annual)

$137,566.55

Total Lease Value

$1,375,665.52

Net Landlord Cash Flow$137,566.55