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Paloma Chef PJ Calapa Opens New Restaurant At 25 West 38th Street, Garment District

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LEASED

New York

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Other2,700 SF
Leased
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LEASED

Paloma Chef PJ Calapa Opens New Restaurant At 25 West 38th Street, Garment District

25 W 38th St, New York, NY 10018, USA

See Similar Deals
Other2,700 SF
Leased
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Summary

NEW YORK
Asset Type:Other
Total Square Footage:2700 SF
Transaction Type:Lease

Located at 25 West 38th Street in the Garment District, Bryant Park, this other type of property has recently been involved in a closed transaction. The asset spans over 2,700 square feet and was listed with an asking price of $176 per square foot.

Summary of transaction details

  • Property Type: Other
  • Transaction Amount: Not specified
  • Address: 25 West 38th Street
  • Market: Garment District, Bryant Park

Paloma, led by Chef PJ Calapa, has signed a lease for the property. The landlord, Fortuna Realty Group represented by Morris Moinian, facilitated the deal. The transaction was brokered by Kenny Hochhauser and Yoel Gorjian.

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2 deals
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3 deals(212) 792-2646
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Details

LEASED
IMAGE: Morris Moinian, Kenny Hochhauser, Yoel Gorjian DATE: 09/05/2019 ADDRESS: 25 West 38th Street HOTEL: @HotelHendricksNY MARKET: Garment District, Bryant Park ASSET TYPE: Other TENANT: Paloma – Chef PJ Calapa LANDLORD: Fortuna Realty Group – Morris Moinian BROKERS: Kenny Hochhauser, Yoel Gorjian ASKING: $176 PSF SF: 2,700

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Deal Type
Effective Rent (Annual)

$154,762.37

Total Lease Value

$1,547,623.71

Net Landlord Cash Flow$154,762.37