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Star A Kidz Leases Retail Space At 1 West End Avenue On Upper West Side

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LEASED
$83

New York

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Retail1,745 SF
Leased 11/30/2023
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Property Image
LEASED

Star A Kidz Leases Retail Space At 1 West End Avenue On Upper West Side

1 West End Avenue

See Similar Deals
Retail1,745 SF
Leased 11/30/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$83
Total Square Footage:1,745 SF
Transaction Type:Lease

The retail property at 1 West End Avenue in the Upper West Side has been leased for a term of 10 years. The landlord, Elad Group, has entered into an agreement with Star A Kidz to occupy this space. The asking rent for the 1,745 square feet property was $83 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 1 West End Avenue
  • Market: Upper West Side
  • Lease Term: 10 years
  • Tenant: Star A Kidz
  • Landlord: Elad Group
  • Asking Rent: $83/ft
  • Square Footage: 1,745

Marc Sitt from Kassin Sabbagh Realty represented the landlord, Elad Group, in the lease transaction. On the tenant side, Jessilyn Chen and Olivia Biancardi from Arktic Real Estate represented Star A Kidz. The deal was successfully negotiated, providing both parties with a favorable agreement for the retail space.

Players

Marc Sitt
64 deals$272.9M volume(917) 757-8863
BROKER

Jessilyn Chen
Arktic Real Estate
16 deals
BROKER


Elad Group
LANDLORD

Details

LEASED
IMAGE: Marc Sitt, Jessilyn Chen & Olivia Biancardi DATE: 11/30/2023 ADDRESS: 1 West End Avenue MARKET: Upper West Side ASSET TYPE: Retail LANDLORD: Elad Group TENANT: Star A Kidz LANDLORD'S REP: Marc Sitt (@Retail.Marc) - Kassin Sabbagh Realty (@Kassin_Sabbagh_Realty) TENANT'S REP: Jessilyn Chen (@JessilynRealEstate) & Olivia Biancardi (@Oliviawangusa) - Arktic Real Estate (@Arktic.Commercial.NYC) ASKING RENT: $83/ft ~ SF: 1,745 LEASE TERM: 10 years

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Deal Type
Effective Rent (Annual)

$166,037.10

Total Lease Value

$1,660,370.96

Net Landlord Cash Flow$166,037.10