Orange Theory Fitness Leases Retail Space At 250 W. 57th St. In Midtown Manhattan
LEASED
New York
See Similar DealsRetail7,065 SF
Leased 05/01/2022
LEASED
Orange Theory Fitness Leases Retail Space At 250 W. 57th St. In Midtown Manhattan
250 W 57th St, New York City, New York 10107, United States
See Similar DealsRetail7,065 SF
Leased 05/01/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:7,065 SF
Transaction Type:Lease
The retail property located at 250 W. 57th St in Midtown has recently been leased. The transaction took place on 05/01/2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 250 W. 57th St
- Market: Midtown
The landlord for this property is Empire State Realty Trust, while the tenant is Orange Theory Fitness. The lease transaction was facilitated by the tenant's representatives, Albert Halawani and Albert Manopla from KSR. Representing the landlord was Sean Kearns from Cushman & Wakefield.
The asking rent for this retail space was $60 per square foot. The total square footage of the space is 7,065.
Players
BROKERAGE
BROKERAGE
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$404,961.54
Total Lease Value
$4,049,615.37
Net Landlord Cash Flow$404,961.54
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