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Howl At The Moon Signs First NYC Lease At 240 W 52nd St For 12k SF

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LEASED

New York

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Retail12,000 SF
Leased 06/23/2015
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Property Image
LEASED

Howl At The Moon Signs First NYC Lease At 240 W 52nd St For 12k SF

240 W 52nd St, New York, NY, 10019

See Similar Deals
Retail12,000 SF
Leased 06/23/2015
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:12,000 SF
Transaction Type:Lease

The property at 240 W 52nd St, New York, NY, 10019 is a retail asset with a lease signed on 06/23/2015 for 12,000 square feet. Howl at the Moon, a piano bar chain, secured its first NYC lease at this location. The tenant was represented by Richard Kave and Robert Kunikoff from Lee & Associates, while Victor Menkin from Menkin Realty Services acted as the landlord's representative.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Tenant: Howl at the Moon
  • Market: New York
  • Tenant's Rep: Richard Kave(Lee & Associates), Robert Kunikoff(Lee & Associates)
  • Landlord's Rep: Victor Menkin(Menkin Realty Service)

Lee & Associates’ Richard Kave and Robert Kunikoff, along with Victor Menkin from Menkin Realty Services, were the key individuals involved in finalizing the lease deal at 240 W 52nd St. Howl at the Moon, known for its piano bar locations across the country, made a strategic move by establishing a presence in New York City through this lease agreement.

Players

RK
2 deals
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1 deal(212) 776-1288
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Details

LEASED
IMAGE: 06/23/2015 ADDRESS: 240 W 52nd St, New York, NY, 10019 MARKET: New York ASSET TYPE: Retail TENANT'S REP: Richard Kave(Lee & Associates), Robert Kunikoff(Lee & Associates) LANDLORD'S REP: Victor Menkin(Menkin Realty Service) TENANT: Howl at the Moon LANDLORD: N/A SQUARE FEET: 12000

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Deal Type
Effective Rent (Annual)

$687,832.76

Total Lease Value

$6,878,327.59

Net Landlord Cash Flow$687,832.76