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Chelsea Piers Fitness Leases 47000 Sq Ft Retail Space At 135 East 57th Street
LEASED
New York
See Similar DealsRetail47,000 SF
Leased 11/17/2025
LEASED
Chelsea Piers Fitness Leases 47000 Sq Ft Retail Space At 135 East 57th Street
135 East 57th Street
See Similar DealsRetail47,000 SF
Leased 11/17/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:47,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 135 East 57th Street in the Upper East Side, featuring a retail asset with a total square footage of 47,000. The property is currently owned by TF Cornerstone and is undergoing a transformation into more than 350 apartments.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Landlord: Thomas Elghanayan - TF Cornerstone
- Tenant: David Tewksbury - Chelsea Piers Fitness
- Date of Lease: 11/17/2025
David Tewksbury, representing Chelsea Piers Fitness, has signed a lease for the ground-floor space, securing a significant footprint for the fitness center within the developing location under TF Cornerstone's management.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,694,011.64
Total Lease Value
$26,940,116.38
Net Landlord Cash Flow$2,694,011.64
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