Herald Sq. Cosmetics Leases Mixed-Use Space At 60 West 38th Street In Midtown Manhattan
LEASED
New York
See Similar DealsMixed-use1,670 SF
Leased
LEASED
Herald Sq. Cosmetics Leases Mixed-Use Space At 60 West 38th Street In Midtown Manhattan
60 West 38th Street, Manhattan, New York, NY, USA
See Similar DealsMixed-use1,670 SF
Leased
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:1670 SF
Transaction Type:Lease
Located at 60 West 38th Street in Midtown, this mixed-use property recently underwent a lease transaction. The deal was completed on 03/29/2021.
Summary of transaction details:
- Property Type: Mixed use
- Address: 60 West 38th Street
- Tenant: Herald Sq. Cosmetics
- Landlord: Ramin Sarraf - Heskels Asset Management
- Brokers: Zalman Kamish, Richard Bailey, and Ramin Sarraf from Kassin Sabbagh Realty
- Asking Rent: $80/ft.
- Square Footage: 1,670 sq. ft.
The tenant, Herald Sq. Cosmetics, entered into a lease agreement for the property. The landlord, Ramin Sarraf of Heskels Asset Management, facilitated the deal. The brokers involved in the transaction were Zalman Kamish, Richard Bailey, and Ramin Sarraf from Kassin Sabbagh Realty.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$95,723.39
Total Lease Value
$957,233.92
Net Landlord Cash Flow$95,723.39
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