Chestnut Holdings Leases Retail Space At 27 West 125th Street, South Harlem, Manhattan To 7th Street Burger
LEASED
$125
+ 1
New York
See Similar DealsRetail1,300 SF
Leased 01/01/2024
LEASED
Chestnut Holdings Leases Retail Space At 27 West 125th Street, South Harlem, Manhattan To 7th Street Burger
27 West 125th Street
See Similar DealsRetail1,300 SF
Leased 01/01/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:1,300 SF
Transaction Type:Lease
The retail property located at 27 West 125th Street in South Harlem, Manhattan has been leased. The property is owned by Chestnut Holdings and the tenant is 7th Street Burger. The lease was facilitated by brokers David Green, Daniel Kestenbaum, Albert Manopla, and Jack Khaski from KSR. The retail lease has an asking rent of $125 per square foot for a total area of 1,300 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Date: 01/01/2024
- Address: 27 West 125th Street
- Market: South Harlem, Manhattan
- Landlord: Chestnut Holdings
- Tenant: 7th Street Burger
- Brokers: David Green, Daniel Kestenbaum, Albert Manopla, and Jack Khaski - KSR
- Asking Rent: $125/ft
- Square Footage: 1,300
- Lease Type: Retail Lease
Notable information provided by the broker: Am Yisrael Chai.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$186,288.04
Total Lease Value
$1,862,880.39
Net Landlord Cash Flow$186,288.04
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