Alex Adjmi's Retail Space At 217 West 34th Street Leased To Chick-fil-A At $325/ft
LEASED
+ 2
New York
See Similar DealsRetail5,400 SF
Leased 08/31/2021
LEASED
Alex Adjmi's Retail Space At 217 West 34th Street Leased To Chick-fil-A At $325/ft
217 West 34th Street, New York, NY, USA
See Similar DealsRetail5,400 SF
Leased 08/31/2021
+ 2
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:5,400 SF
Transaction Type:Lease
The retail asset located at 217 West 34th Street in the Penn Station market encompasses a total square footage of 5,400. The asset was leased with an asking rent of $325 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $325/ft.
- Address: 217 West 34th Street
- Market: Penn Station
- Landlord: Alex Adjmi
- Tenant: Chick Fil A
- Tenant's Representative: Jeremy Ezra & Richard Gelber, Newmark
- Landlord's Representatives: Brett Weinblatt & Ralph Hanan, Compass Commercial
This transaction involved key individuals, including landlord Alex Adjmi and tenant Chick Fil A, who were represented by Jeremy Ezra and Richard Gelber from Newmark. Brett Weinblatt and Ralph Hanan from Compass Commercial represented the landlord in this deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$309,524.74
Total Lease Value
$3,095,247.41
Net Landlord Cash Flow$309,524.74
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