Solil Management Leases Retail Space To Alejandro Shoe Repair At 145 West 55th Street
LEASED
$150
New York
See Similar DealsRetail1,000 SF
Leased 05/11/2026
LEASED
Solil Management Leases Retail Space To Alejandro Shoe Repair At 145 West 55th Street
145 West 55th Street
See Similar DealsRetail1,000 SF
Leased 05/11/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:1,000 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 145 West 55th Street in the Midtown market. The retail space has a square footage of 1,000 and is leased under a Modified Gross Lease at an asking rent of $150 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Lease Type: Modified Gross Lease
- Landlord: Solil Management
- Tenant: Alejandro Shoe Repair
- Tenant's Representatives: Ben Biberaj - IPRG Retail Leasing & Joseph Sobolov - Investment Property Realty Group
Key individuals involved in the deal include Ben Biberaj and Joseph Sobolov, who represented the tenant, Alejandro Shoe Repair, in the leasing transaction. Their involvement highlights the collaboration between their respective agencies during this closed property transaction.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$171,958.19
Total Lease Value
$1,719,581.90
Net Landlord Cash Flow$171,958.19
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