Sofy Gallery Leases Retail Space At 155 10th Avenue In West Chelsea With Vitaly Zaretsky As Landlord

The property asset involved in this transaction is a retail space located at 155 10th Avenue in the West Chelsea market. The leasable space measures 1,350 square feet, with an asking rent of $150 per square foot. The lease type established is a Single Net Lease.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $202,500
• Landlord: Vitaly Zaretsky
• Tenant: Sofy Gallery
• Landlord's Representative: James Famularo & Cole Kleppinger - Meridian Capital Group
• Tenant's Representative: Genaro Otero - Sinvin Real Estate

This lease transaction was facilitated by key real estate representatives. James Famularo and Cole Kleppinger represented the landlord, Vitaly Zaretsky, while Genaro Otero acted on behalf of the tenant, Sofy Gallery, ensuring a successful negotiation process for both parties.