Chaim Simkowitz Leases 2,000 Square Foot Retail Space To Hashi Market In Chelsea For $150/ft

The property asset involved in this transaction is located at 287 7th Avenue in Chelsea, Manhattan. It is a retail asset with a total square footage of 2,000. The asking rent for this property is set at $150 per square foot. The lease term is established for a duration of 10 years, structured as a modified gross lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Square Footage: 2,000
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Chaim Simkowitz
• Tenant: Hashi Market
• Landlord's Representative: Isaac Abed & Avi Akiva - Momentum Realty Group
• Tenant's Representative: Eddie Keda - Momentum Realty Group

The transaction involved key individuals and companies such as the landlord Chaim Simkowitz and the tenant Hashi Market. Both the landlord's and tenant's representatives are from Momentum Realty Group, signifying a unified brokerage effort in this lease agreement. The representatives included Isaac Abed and Avi Akiva for the landlord and Eddie Keda for the tenant.