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The Ghost Group Leases Retail Space At 138 Bowery, NoLita With Tenant's Rep Michael J. Hymowitz

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LEASED
Richard Guarino
Michael Hymowitz
+ 1

New York

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Retail15,817 SF
Leased 08/26/2021
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Property Image
LEASED

The Ghost Group Leases Retail Space At 138 Bowery, NoLita With Tenant's Rep Michael J. Hymowitz

138 Bowery, New York, NY 10013, USA

See Similar Deals
Retail15,817 SF
Leased 08/26/2021
Richard Guarino
Michael Hymowitz
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:15,817 SF
Transaction Type:Lease

The retail property located at 138 Bowery in NoLita was recently leased by The Ghost Group. The lease transaction was facilitated by Michael J. Hymowitz from LSL Advisors, who represented the tenant. The landlord, Emmut Properties, was represented by Richard Guarino and Anthony Rosato from FriedmanRoth. The asking rent for the property was $97 per square foot, with a total square footage of 15,817.

Summary of transaction details

  • Property Type: Retail
  • Date: 08/26/2021
  • Address: 138 Bowery
  • Market: NoLita
  • Tenant: The Ghost Group
  • Tenant's Rep: Michael J. Hymowitz - LSL Advisors
  • Landlord: Emmut Properties - John Young
  • Landlord's Rep: Richard Guarino & Anthony Rosato - FriedmanRoth
  • Asking Rent: $97/ft.
  • Square Footage: 15,817

Richard Guarino and Anthony Rosato, representing FriedmanRoth, played a crucial role in representing the landlord, Emmut Properties, in the lease deal. The presence of Michael J. Hymowitz from LSL Advisors as the tenant's representative ensured a smooth transaction between The Ghost Group and Emmut Properties.

Players

Michael Hymowitz
10 deals(212) 221-0005
BROKER

Richard Guarino
Friedman-Roth Realty
51 deals$293.6M volume
BROKER

Anthony Rosato
Friedman-Roth Realty
4 deals
BROKER

Details

LEASED
IMAGE: Richard Guarino & Michael J. Hymowitz DATE: 08/26/2021 ADDRESS: 138 Bowery MARKET: NoLita ASSET TYPE: Retail TENANT: The Ghost Group LANDLORD: Emmut Properties - John Young TENANT'S REP: Michael J. Hymowitz - LSL Advisors LANDLORD'S REP: Richard Guarino (@RichardThomas_NYC) & Anthony Rosato - @BrickCapital @FriedmanRoth ASKING RENT: $97/ft. ~ SF: 15,817

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Deal Type
Effective Rent (Annual)

$906,620.90

Total Lease Value

$9,066,208.95

Net Landlord Cash Flow$906,620.90