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Meridian Capital Group Represents Landlord In $600,930 Retail Lease Deal In New York City

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LEASED
$146

New York

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Retail4,105 SF
Leased 01/02/2023
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Property Image
LEASED

Meridian Capital Group Represents Landlord In $600,930 Retail Lease Deal In New York City

164-166 West 75th Street

See Similar Deals
Retail4,105 SF
Leased 01/02/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$146
Total Square Footage:4,105 SF
Transaction Type:Lease

The retail property located at 164-166 West 75th Street in New York City has been leased. The asset spans a total of 4,105 square feet. The lease was facilitated by James Famularo from Meridian Capital Group, who represented the landlord, and Stu Morden from Stu Morden & Associates, who represented the tenant.

Summary of Transaction Details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Asking Rent: $146/ft
  • Square Footage: 4,105
  • Address: 164-166 West 75th Street, New York City

The landlord in this lease transaction was represented by James Famularo from Meridian Capital Group. On the other hand, Stu Morden from Stu Morden & Associates acted as the tenant's representative. The lease for the retail space at 164-166 West 75th Street demonstrates the collaborative efforts between these two individuals and their respective agencies.

Players

James Famularo
357 deals$11.4M volume(212) 468-5960
BROKER

Details

LEASED
IMAGE: James Famularo & Stu Morden DATE: 01/02/2023 ADDRESS: 164-166 West 75th Street MARKET: New York City ASSET TYPE: Retail LANDLORD'S REP: James Famularo (@MrFamularo)- Meridian Capital Group (@Meridian.Capital.Group) TENANT'S REP: Stu Morden - Stu Morden & Associates ASKING RENT: $146/ft ~ SF: 4,105

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Deal Type
Effective Rent (Annual)

$687,064.68

Total Lease Value

$6,870,646.79

Net Landlord Cash Flow$687,064.68