Children's Playhouse Leases Retail Space At 220 East 42nd Street Landlord SL Green
LEASED
$100
New York
See Similar DealsRetail4,722 SF
Leased 02/10/2025
LEASED
Children's Playhouse Leases Retail Space At 220 East 42nd Street Landlord SL Green
220 East 42nd Street
See Similar DealsRetail4,722 SF
Leased 02/10/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:4,722 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 220 East 42nd Street in the Midtown market. It is available under a retail lease type with an asking rent of $100 per square foot and comprises a total area of 4,722 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $100/ft
- Address: 220 East 42nd Street
- Market: Midtown
- Asset Description: 4,722 SF
- Landlord: SL Green
- Tenant: Children's Playhouse
- Brokers: Marc Sitt, Dorel Melloul & Albert Manopla - KSR
The key individuals involved in this transaction include brokers Marc Sitt, Dorel Melloul, and Albert Manopla, who represented the deal for KSR. The landlord of the property is SL Green, while the tenant entering into the lease is Children's Playhouse.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$541,324.38
Total Lease Value
$5,413,243.81
Net Landlord Cash Flow$541,324.38
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