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Le Sirene Signs Double Net Lease For Retail Space At 238 Madison Avenue In Midtown South, Manhattan

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LEASED
$150

New York

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Retail2,000 SF
Leased 08/01/2023
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Property Image
LEASED

Le Sirene Signs Double Net Lease For Retail Space At 238 Madison Avenue In Midtown South, Manhattan

238 Madison Avenue

See Similar Deals
Retail2,000 SF
Leased 08/01/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:2,000 SF
Transaction Type:Lease

The retail property located at 238 Madison Avenue in Midtown South, Manhattan has been leased. The asset spans 2,000 square feet and is subject to a double net lease. The property was leased by Le Sirene, with Tom Liber serving as the landlord. The lease deal was facilitated by Morris Tobias and Michael Bijou of BH Realty.

Summary of transaction details

  • Property Type: Retail
  • Address: 238 Madison Avenue
  • Market: Midtown South, Manhattan
  • Tenant: Le Sirene
  • Landlord: Tom Liber
  • Brokers: Morris Tobias & Michael Bijou - BH Realty
  • Asking Rent: $150/ft
  • Square Footage: 2,000
  • Lease Type: Double Net Lease

BH Realty, represented by Morris Tobias and Michael Bijou, specializes in exclusive leasing and sales for both commercial and residential properties. They prioritize building and maintaining strong relationships with clients, while also offering guidance to owners and developers on maximizing the potential of their assets.

For complimentary market updates, comp/pricing reports, and construction/renovation consultations, owners can contact [email protected]. Brokers interested in enhancing their real estate skills and working with exclusive listings can also reach out to [email protected] to explore career opportunities within the industry.

Players

Michael Bijou
4 deals(646) 648-0248
BROKER

Details

LEASED
IMAGE: Morris Tobias & Michael Bijou DATE: 08/01/2023 ADDRESS: 238 Madison Avenue MARKET: Midtown South, Manhattan ASSET TYPE: Retail LANDLORD: Tom Liber TENANT: Le Sirene BROKERS: Morris Tobias (@MorrisTobias) & Michael Bijou (@MichaelBijou) - BH Realty (@BHRealtyNYC) ASKING RENT: $150/ft ~ SF: 2,000 LEASE TYPE: Double Net Lease NOTE FROM BROKER: BH Realty is a full-service commercial and residential brokerage specializing in both exclusive leasing and sales. The BH team continues to be successful because they prioritize the relationships they have with their current and future clients, while also advising owners and developers alike on how to maximize the growth potential of their assets. Owners - For complimentary services such as market updates, comp/pricing reports, and construction/renovation consultations - email [email protected] Brokers - If you are interested in enhancing your real estate skill set, working with exclusive listings, and developing a life-long career within the industry - email [email protected]

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Deal Type
Effective Rent (Annual)

$343,916.38

Total Lease Value

$3,439,163.79

Net Landlord Cash Flow$343,916.38