Jonathan Leifer Leases Retail Space To Carvel & Cinnabon At 251 8th Avenue In Chelsea
LEASED
$180
+ 1
New York
See Similar DealsRetail1,000 SF
Leased 02/13/2025
LEASED
Jonathan Leifer Leases Retail Space To Carvel & Cinnabon At 251 8th Avenue In Chelsea
251 8th Avenue
See Similar DealsRetail1,000 SF
Leased 02/13/2025
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$180
Total Square Footage:1,000 SF
Transaction Type:Lease
The property asset involved in the transaction is a retail space located at 251 8th Avenue in the Chelsea market. The lease type is a retail lease, with an asking rent of $180 per square foot for a total area of 1,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $180/ft
- Square Footage: 1,000
- Address: 251 8th Avenue
- Market: Chelsea
- Landlord: Jonathan Leifer
- Tenant: Carvel & Cinnabon
- Landlord's Representative: Ryan Adhami - Schuckman Realty
- Tenant's Representatives: Freddy Souid & Jack Hamadani - KSR
The lease agreement marks the partnership between landlord Jonathan Leifer and tenants Carvel & Cinnabon, with representation provided by Ryan Adhami from Schuckman Realty and Freddy Souid alongside Jack Hamadani from KSR. This collaboration reflects their roles in facilitating the lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,349.83
Total Lease Value
$2,063,498.28
Net Landlord Cash Flow$206,349.83
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