Linda Hayes Leases 1,800 SF Retail Space To 6R Hospitality At 140 7th Avenue South
LEASED
$177
New York
See Similar DealsRetail3,400 SF
Leased 04/01/2025
LEASED
Linda Hayes Leases 1,800 SF Retail Space To 6R Hospitality At 140 7th Avenue South
140 7th Avenue South
See Similar DealsRetail3,400 SF
Leased 04/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$177
Total Square Footage:3,400 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 140 7th Avenue South in the West Village market. The modified gross lease is valued at an asking rent of $177 per square foot for a total area of 1,800 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $177/ft
- Square Footage: 1,800
- Address: 140 7th Avenue South
- Market: West Village
- Landlord: Linda Hayes
- Tenant: 6R Hospitality
- Landlord's Representative: Robin Abrams & Nicolas Nick Zilkha - Compass
- Tenant's Representative: Eli Marcus - Meridian Capital Group
This deal involved key representatives from different agencies. Robin Abrams and Nicolas Nick Zilkha from Compass represented the landlord, while Eli Marcus from Meridian Capital Group represented the tenant in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$689,896.26
Total Lease Value
$6,898,962.57
Net Landlord Cash Flow$689,896.26
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