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Popeyes Louisiana Kitchen Leases Retail Space At 14 East 23rd Street In Flatiron

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LEASED

New York

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Retail4,750 SF
Leased 01/01/2021
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Property Image
LEASED

Popeyes Louisiana Kitchen Leases Retail Space At 14 East 23rd Street In Flatiron

14 East 23rd Street, Manhattan, New York, NY, USA

See Similar Deals
Retail4,750 SF
Leased 01/01/2021
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:4,750 SF
Transaction Type:Lease

The retail property located at 14 East 23rd Street in the Flatiron market has recently been leased. The tenant, Popeyes Louisiana Kitchen, has signed a lease agreement with the landlord, Gus Benetos. The leasing deal was facilitated by brokers James Famularo from Meridian Retail Leasing and Louis Franco from Isa Realty Group. The lease was executed on January 1, 2021, and the property has a total square footage of 4,750. The asking rent for the space was $200 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Date: 01/01/2021
  • Address: 14 East 23rd Street
  • Market: Flatiron
  • Tenant: Popeyes Louisiana Kitchen
  • Landlord: Gus Benetos
  • Brokers: James Famularo - Meridian Retail Leasing, Louis Franco - Isa Realty Group
  • Asking Rent: $200 per square foot
  • Square Footage: 4,750

James Famularo from Meridian Retail Leasing and Louis Franco from Isa Realty Group played instrumental roles in negotiating the leasing deal for the retail space at 14 East 23rd Street. This transaction highlights their expertise in the Flatiron market. The lease agreement between Popeyes Louisiana Kitchen and landlord Gus Benetos signifies a successful collaboration between tenant and landlord.

Players

James Famularo
358 deals$11.4M volume(212) 468-5960
BROKER

Louis Franco
9 deals$10.5M volume
BROKER

TENANT

Details

LEASED
IMAGE: James Famularo & Louis Franco DATE: 01/01/2021 ADDRESS: 14 East 23rd Street MARKET: Flatiron ASSET TYPE: Retail TENANT: @PopeyesLouisianaKitchen LANDLORD: Gus Benetos BROKERS: James Famularo - Meridian Retail Leasing & Louis Franco - @IsaRealtyGroup ASKING RENT: $200/ft. ~ SF: 4,750

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Deal Type
Effective Rent (Annual)

$272,267.13

Total Lease Value

$2,722,671.34

Net Landlord Cash Flow$272,267.13