Caiola Real Estate Leases Retail Space To AARMY At 140 West 23rd Street In Manhattan
LEASED
$150
New York
See Similar DealsRetail8,000 SF
Leased 02/01/2025
LEASED
Caiola Real Estate Leases Retail Space To AARMY At 140 West 23rd Street In Manhattan
140 West 23rd Street
See Similar DealsRetail8,000 SF
Leased 02/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:8,000 SF
Transaction Type:Lease
The retail asset located at 140 West 23rd Street in the Manhattan market encompasses 8,000 square feet. The asking rent for this modified gross lease is set at $150 per square foot, with a long-term lease term agreed upon by the parties involved.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Lease Term: Long Term
- Lease Type: Modified Gross Lease
- Landlord: Caiola Real Estate
- Tenant: AARMY
- Broker Representatives: Brandon Singer, Manu Wendum & Marisa Simkin - Retail By Mona
The transaction highlights the collaboration of broker representatives, Brandon Singer, Manu Wendum, and Marisa Simkin, who successfully facilitated this lease agreement on behalf of Caiola Real Estate and AARMY.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,375,665.52
Total Lease Value
$13,756,655.17
Net Landlord Cash Flow$1,375,665.52
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