Kinnaree Hospitality Group Leases Multifamily Space In Flatiron For $110/ft

The multifamily property located at 5 East 17th Street in Flatiron, Manhattan, was leased by Kinnaree Hospitality Group from Acadia Realty Trust. The lease term for the 5,000 square feet space is for 10 years at an asking rent of $110 per square foot.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Address: 5 East 17th Street
• Market: Flatiron, Manhattan
• Landlord: Acadia Realty Trust
• Tenant: Kinnaree Hospitality Group
• Broker: Alexander Imperatore - Polaris Property Group
• Asking Rent: $110 per square foot
• Lease Term: 10 years

Alexander Imperatore from Polaris Property Group represented the parties involved in the lease transaction, facilitating the agreement between Acadia Realty Trust and Kinnaree Hospitality Group for the space at 5 East 17th Street.