Brooklyn ChopHouse Leases Retail Space In Times Square From Friedland Properties For $1.4M/year

Brooklyn ChopHouse has signed a lease for a retail space located at 253 West 47th Street in Times Square. The property, spanning 25,000 square feet, was leased for an asking rent of $56 per square foot, amounting to $1.4 million per year. The lease transaction was finalized on May 12, 2021.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1.4 million per year
• Address: 253 West 47th Street
• Market: Times Square

Brooklyn ChopHouse's lease was facilitated by James Famularo of Meridian Retail Leasing, representing the tenant, which includes Robert “Don Pooh” Cummins and Stratis Morfogen. The landlord, Friedland Properties, represented by William Friedland, agreed to the lease agreement.