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JEMB Realty Leases 2500 SF To MooMoo At Herald Tower In Midtown South For 10 Years

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LEASED
$600
Cory Zelnik
Patrick Smith
+ 2

New York

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Mixed-use2,500 SF
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Property Image
LEASED

JEMB Realty Leases 2500 SF To MooMoo At Herald Tower In Midtown South For 10 Years

50 West 34th Street

See Similar Deals
Mixed-use2,500 SF
Leased
Cory Zelnik
Patrick Smith
+ 2
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$600
Total Square Footage:2500 SF
Transaction Type:Lease

The property asset involved in this transaction is a mixed-use facility located at 50 W 34th Street in Herald Tower, within the Midtown South market. The lease agreement has an asking rent of $600 per square foot for a total area of 2,500 square feet. This lease has a term of 10 years and is classified as a modified gross lease.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $600/ft
  • Square Footage: 2,500
  • Address: 50 W 34th Street- Herald Tower
  • Market: Midtown South
  • Landlord: JEMB Realty
  • Tenant: MooMoo
  • Landlord's Rep: Patrick Smith, Matt Ogle - JLL & Corey Zolcinski
  • Tenant's Rep: Jeremy Banilevi & Cory Zelnik - Zelnik & Company
  • Lease Term: 10 years
  • Lease Type: Modified Gross Lease

This deal involved several key individuals and firms. The landlord, JEMB Realty, was represented by Patrick Smith, Matt Ogle from JLL, and Corey Zolcinski. The tenant, MooMoo, was represented by Jeremy Banilevi and Cory Zelnik from Zelnik & Company.

Players

Patrick Smith
6 deals$1.3M volume
BROKER

Cory Zelnik
Zelnik & Company
9 deals$3M volume
BROKER

Jeremy Banilevi
Zelnik & Company
10 deals
BROKER

Corey Zolcinski
6 deals
BROKER


JLL
BROKERAGE


Details

LEASED
IMAGE: Jeremy Banilevi & Cory Zelnik DATE: 8/29/2025 ADDRESS: 50 W 34th Street- Herald Tower MARKET: Midtown South ASSET TYPE: Mixed-use LANDLORD: JEMB Realty TENANT: MooMoo LANDLORD'S REP: Patrick Smith, Matt Ogle - JLL & Corey Zolcinski TENANT'S REP: Jeremy Banilevi (@JeremyBanilevi1101) & Cory Zelnik (@CoryZelnik) - Zelnik & Company (@ZelnikCo) ASKING RENT: $600/ft ~ SF: 2,500 LEASE TERM: 10 years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$1,719,581.90

Total Lease Value

$17,195,818.97

Net Landlord Cash Flow$1,719,581.90