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Food City Leases Retail Space At 1691 Broadway In Midtown Manhattan From Sky Organization

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LEASED

New York

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Retail900 SF
Leased 02/25/2021
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LEASED

Food City Leases Retail Space At 1691 Broadway In Midtown Manhattan From Sky Organization

Broadway, Midtown South, New York, NY, USA

See Similar Deals
Retail900 SF
Leased 02/25/2021
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:900 SF
Transaction Type:Lease

The retail property located at 1691 Broadway in Midtown recently underwent a lease transaction. The property, owned by Sky Organization and represented by Samuel Bar-Or, was leased to Food City. The leasing deal was facilitated by Ariel Baradarian from Kassin Sabbagh Realty. The asking rent for the 900 square feet space was $264 per square foot.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 02/25/2021
  • Address: 1691 Broadway
  • Tenant: Food City
  • Landlord: Sky Organization - Samuel Bar-Or
  • Broker: Ariel Baradarian - Kassin Sabbagh Realty
  • Asking Rent: $264/ft.
  • SF: 900

This lease transaction involved the retail property at 1691 Broadway in Midtown. The property, owned by Sky Organization and represented by Samuel Bar-Or, was leased to Food City. Ariel Baradarian of Kassin Sabbagh Realty represented the landlord in this deal. The 900 square feet space was leased for an asking rent of $264 per square foot.

Players

Ariel Baradarian
7 deals
BROKER

Details

LEASED
IMAGE: Ariel Baradarian (@AB.NYC.RealEstate) DATE: 02/25/2021 ADDRESS: 1691 Broadway MARKET: Midtown ASSET TYPE: Retail TENANT: Food City LANDLORD: Sky Organization - Samuel Bar-Or BROKER: Ariel Baradarian @Kassin_Sabbagh_Realty ASKING RENT: $264/ft. ~ SF: 900

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Deal Type
Effective Rent (Annual)

$51,587.46

Total Lease Value

$515,874.57

Net Landlord Cash Flow$51,587.46