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GFP Real Estate Finalizes Four Lease Agreements At 209 West 38th St In Garment District
LEASED
New York
See Similar DealsRetail5,066 SF
Leased 08/02/2023
LEASED
GFP Real Estate Finalizes Four Lease Agreements At 209 West 38th St In Garment District
209 West 38th Street New York, New York 10018, USA
See Similar DealsRetail5,066 SF
Leased 08/02/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:5,066 SF
Transaction Type:Lease
GFP Real Estate has finalized four lease agreements totaling 5,066 square feet at 209 West 38th St. in the Garment District. The tenants include Lady and Butler, Zateks Textile Inc., Duo Showroom, and Ness Legwear LLC, who secured or extended their leases for spaces ranging from 820 to 1,679 square feet. This demonstrates the continued demand for well-located loft space in the area.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Square Footage: 5,066
- Address: 209 West 38th St
- Market: Garment District
GFP Real Estate successfully negotiated lease agreements with Lady and Butler, Zateks Textile Inc., Duo Showroom, and Ness Legwear LLC. These tenants have recognized the value of the loft space at 209 West 38th St and have secured or extended their leases for spaces ranging from 820 to 1,679 square feet.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$290,380.06
Total Lease Value
$2,903,800.63
Net Landlord Cash Flow$290,380.06
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