Stepping Out Studios Leases Office Space In Hells Kitchen From I.M.P. Plumbing & Heating
LEASED
New York
See Similar DealsOffice5,000 SF
Leased 12/01/2021
LEASED
Stepping Out Studios Leases Office Space In Hells Kitchen From I.M.P. Plumbing & Heating
617 West 46th Street, New York City, New York 10036, United States
See Similar DealsOffice5,000 SF
Leased 12/01/2021
Summary
NEW YORK
Asset Type:Office
Total Square Footage:5,000 SF
Transaction Type:Lease
Stepping out Studios has leased a 5,000 square foot office space located at 617 W. 46th Street in Hell's Kitchen, as per the post shared on Instagram by Matt Newman. The lease deal was facilitated by Matt Newman of REPOP Advisors LLC. The transaction was completed on 12/01/2021.
Summary of transaction details:
- Property Type: Office
- Transaction Date: 12/01/2021
- Address: 617 W. 46th Street, Hell's Kitchen
- Market: Hell's Kitchen
- Landlord: I.M.P. Plumbing & Heating - Andrew Impagliazzo
- Tenant: Stepping out Studios - George Ciao
Stepping out Studios, led by George Ciao, will be occupying the office space previously owned by I.M.P. Plumbing & Heating. The deal was brokered by Matt Newman from REPOP Advisors LLC.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$286,596.98
Total Lease Value
$2,865,969.83
Net Landlord Cash Flow$286,596.98
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