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Host Restaurants Leases Retail Space At 161 8th Avenue In New York From Sidney Rubell Co

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LEASED
$225

New York

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Retail4,100 SF
Leased 02/25/2025
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Property Image
LEASED

Host Restaurants Leases Retail Space At 161 8th Avenue In New York From Sidney Rubell Co

161 8th Avenue

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Retail4,100 SF
Leased 02/25/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$225
Total Square Footage:4,100 SF
Transaction Type:Lease

The property involved in this lease transaction is a retail asset located at 161 8th Avenue in New York. It offers a total square footage of 4,100 and has a rent rate of $225 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 161 8th Avenue
  • Market: New York
  • Tenant: Host Restaurants
  • Landlord: Sidney Rubell Co
  • Rent/SF: $225
  • Square Feet: 4,100

Key individuals involved in this transaction include Host Restaurants as the tenant and Sidney Rubell Co as the landlord. This lease was executed on February 25, 2025, representing both parties in this deal.

Players

Kim Levandovsky
17 deals$49M volume
BROKER

Details

LEASED
IMAGE: John DiGangi & Kim Levandovsky DATE: 02/25/2025 ADDRESS: 161 8th Avenue MARKET: Chelsea, Manhattan ASSET TYPE: Retail LANDLORD: Sidney Rubell Co - Elaine Gorlechen TENANT: Host Restaurants BROKERS: John DiGangi (@DiGangi_John) & Kim Levandovsky (@Kimbo) - Retail By Mona (@RetailByMona) ASKING RENT: $225/ft ~ SF: 4,100 LEASE TERM: Long Term LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$1,057,542.87

Total Lease Value

$10,575,428.66

Net Landlord Cash Flow$1,057,542.87