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PC Richard & Son Leases Retail Space At 2220 Broadway In New York

Property Image
LEASED
$277
Hilary Sievers
Ariel Schuster
+ 1

New York

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Retail30,000 SF
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Property Image
LEASED

PC Richard & Son Leases Retail Space At 2220 Broadway In New York

2220 Broadway New York, NY 10024, USA

See Similar Deals
Retail30,000 SF
Leased
Hilary Sievers
Ariel Schuster
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$277
Total Square Footage:30000 SF
Transaction Type:Lease

A new lease deal has been completed in the retail sector in New York. The property involved in the transaction is located at 2220 Broadway. The asset type is a retail space, covering an area of 30,000 square feet. The deal was finalized on 07/10/2023.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 2220 Broadway, New York

The tenant in this lease deal is P.C. Richard & Son. The landlord's representatives are Ariel Schuster and Mitch Heifetz from Newmark. On the other hand, Erin Grace and Hilary Sievers from JLL represent the tenant. The transaction does not mention the asking rent or any additional financial details.

Note: P.C. Richard & Son is relocating its Upper West Side store to a larger space seven blocks south. The new store will be situated at 2220 Broadway.

Players

Ariel Schuster
25 deals$461.2M volume
BROKER

Hilary Sievers
JLL
7 deals
BROKER

Mitch Heifetz
Newmark
5 deals
BROKER


TENANT

Details

LEASED
IMAGE: Erin Grace, Hilary Sievers, Ariel Schuster & Mitch Heifetz DATE: 07/10/2023 ADDRESS: 2220 Broadway MARKET: New York ASSET TYPE: Retail TENANT: P.C. Richard & Son LANDLORD'S REP: Ariel Schuster & Mitch Heifetz - Newmark (@Newmark) TENANT'S REP: Erin Grace & Hilary Sievers - JLL (@JLL) ASKING RENT: $277/ft. ~ SF: 30,000 NOTE: P.C. Richard & Son is moving its Upper West Side store to a larger space seven blocks south. The new store will be located at 2220 Broadway.

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Deal Type
Effective Rent (Annual)

$9,526,483.71

Total Lease Value

$95,264,837.08

Net Landlord Cash Flow$9,526,483.71