Manhattan Dog Club Leases Retail Space At 156 10th Avenue From The Hakimian Organization
LEASED
$120
New York
See Similar DealsRetail3,100 SF
Leased 01/21/2025
LEASED
Manhattan Dog Club Leases Retail Space At 156 10th Avenue From The Hakimian Organization
156 10th Avenue
See Similar DealsRetail3,100 SF
Leased 01/21/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:3,100 SF
Transaction Type:Lease
The transaction involves a retail asset located at 156 10th Avenue in Chelsea, Manhattan. The property encompasses a total of 2,300 square feet and has an asking rent of $146 per foot. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $146/ft
- Address: 156 10th Avenue
- Market: Chelsea, Manhattan
- Landlord: The Hakimian Organization
- Tenant: Manhattan Dog Club
- Brokers: Sherry Chera & Chandler Slate - Tri State Commercial Realty
- Lease Type: Modified Gross Lease
Sherry Chera and Chandler Slate acted as the brokers in this transaction, representing the parties involved. The lease arrangement was established between The Hakimian Organization and Manhattan Dog Club in a strategic location for retail operations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$426,456.31
Total Lease Value
$4,264,563.10
Net Landlord Cash Flow$426,456.31
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