International Restaurant Group Leases Retail Space At 1450 Broadway In Midtown West For $278/ft
LEASED
$278
+ 1
New York
See Similar DealsRetail3,000 SF
Leased 02/12/2025
LEASED
International Restaurant Group Leases Retail Space At 1450 Broadway In Midtown West For $278/ft
1450 Broadway
See Similar DealsRetail3,000 SF
Leased 02/12/2025
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$278
Total Square Footage:3,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 1450 Broadway in the Midtown West market. The long-term retail lease has an asking rent of $278 per square foot for a total area of 3,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $278/ft
- Lease Term: Long term
- Lease Type: Retail Lease
- Landlord: ZG Capital
- Tenant: International Restaurant Group
- Brokers: John DiGangi & Brandon Singer - Retail By Mona; Ike Bibi & Carolina Aziz - KSR
The deal features prominent brokers representing both sides, with John DiGangi and Brandon Singer from Retail By Mona representing the landlord ZG Capital while Ike Bibi and Carolina Aziz from KSR represent the tenant, International Restaurant Group.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$956,087.53
Total Lease Value
$9,560,875.35
Net Landlord Cash Flow$956,087.53
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