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Haku Group Leases Retail Space At 193 7th Avenue In Chelsea, Manhattan

Property Image
LEASED
$175
Matthew Fogel
Joshua Berkun
+ 2

New York

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Retail3,000 SF
Leased 12/07/2023
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Property Image
LEASED

Haku Group Leases Retail Space At 193 7th Avenue In Chelsea, Manhattan

193 7th Avenue

See Similar Deals
Retail3,000 SF
Leased 12/07/2023
Matthew Fogel
Joshua Berkun
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$175
Total Square Footage:3,000 SF
Transaction Type:Lease

The retail property located at 193 7th Avenue in Chelsea, Manhattan has been leased. The asset spans a total of 3,000 square feet and was leased by the tenant, Haku Group. The landlord, Twin Oaks Equity Partners, facilitated the transaction. The brokers involved in the deal were Jordan Raphan, Nolan Weinberg, Joshua Berkun, Albert Halawani, and Matthew Fogel of KSR. The lease was secured at an asking rent of $175 per square foot.

Summary of transation details

  • Property Type: Retail
  • Tenant: Haku Group
  • Landlord: Twin Oaks Equity Partners
  • Brokers: Jordan Raphan, Nolan Weinberg, Joshua Berkun, Albert Halawani, and Matthew Fogel - KSR
  • Lease Rate: $175/ft
  • Square Footage: 3,000

It is worth noting that there is an additional 5,000 square feet available for lease, including a useable basement area of 3,000 square feet.

Players

Albert Halawani
49 deals$445M volume(347) 204-6578
BROKER

Joshua Berkun
Kassin Sabbagh Realty
12 deals$3.3M volume(516) 459-9251
BROKER


Jordan Raphan
Kassin Sabbagh Realty
40 deals
BROKER

Details

LEASED
IMAGE: Jordan Raphan, Nolan Weinberg, Joshua Berkun, Albert Halawani & Matthew Fogel DATE: 12/07/2023 ADDRESS: 193 7th Avenue MARKET: Chelsea, Manhattan ASSET TYPE: Retail LANDLORD: Twin Oaks Equity Partners TENANT: Haku Group BROKERS: Jordan Raphan (@JRaphan), Nolan Weinberg, Joshua Berkun, Albert Halawani (@AlbertHalawani) & Matthew Fogel (@Matt_Fogel) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $175/ft ~ SF: 3,000 NOTE FROM BROKERE: We have an additional 5,000 SF for lease with a 3,000 SF useable basement

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Deal Type
Effective Rent (Annual)

$601,853.66

Total Lease Value

$6,018,536.64

Net Landlord Cash Flow$601,853.66