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Plnt Burger Leases Retail Space At 1147 Broadway In Nomad

Property Image
LEASED
Ike Bibi
Carolina Aziz
+ 1

New York

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Retail1,700 SF
Leased 02/01/2022
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Property Image
LEASED

Plnt Burger Leases Retail Space At 1147 Broadway In Nomad

1147 Broadway, New York City, New York 10001, United States

See Similar Deals
Retail1,700 SF
Leased 02/01/2022
Ike Bibi
Carolina Aziz
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,700 SF
Transaction Type:Lease

The retail space located at 1147 Broadway in the Nomad market has been leased. The property, with a size of 1,700 square feet, was leased by Plnt Burger. The lease transaction was facilitated by Michael Cohen from Newmark, who represented the tenant. The landlord, Astro Capital Group, was represented by Carolina Aziz and Ike Bibi from KSR. The asking rent for the space was $300 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 02/01/2022
  • Address: 1147 Broadway
  • Market: Nomad
  • Tenant: Plnt Burger
  • Tenant's Representative: Michael Cohen - Newmark
  • Landlord: Astro Capital Group - David Israel & Jack Israel
  • Landlord's Representatives: Carolina Aziz & Ike Bibi - KSR

Carolina Aziz and Ike Bibi from KSR represented Astro Capital Group in the lease transaction. The deal was finalized with Plnt Burger, a tenant that secured the retail space. Michael Cohen from Newmark served as the tenant's representative during the negotiation process.

Players

Ike Bibi
124 deals$274.3M volume(347) 417-2860
BROKER

Carolina Aziz
Kassin Sabbagh Realty
95 deals$24.8M volume(516) 640-6961
BROKER

Michael Cohen
Newmark
13 deals
BROKER

Details

LEASED
IMAGE: Carolina Aziz & Ike Bibi DATE: 02/01/2022 ADDRESS: 1147 Broadway MARKET: Nomad ASSET TYPE: Retail LANDLORD: Astro Capital Group - David Israel & Jack Israel TENANT: Plnt Burger TENANT'S REP: Michael Cohen - Newmark LANDLORD'S REP: Carolina Aziz (@CarolinaAziz) & Ike Bibi (@IkeB) - KSR ASKING RENT: $300/ft. ~ SF: 1,700

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Deal Type
Effective Rent (Annual)

$97,442.97

Total Lease Value

$974,429.74

Net Landlord Cash Flow$97,442.97