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Pizza Hut Leases Retail Space At 290 Saint Nicholas Avenue In New York City

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LEASED
$150

New York

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Retail1,200 SF
Leased 06/14/2023
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Property Image
LEASED

Pizza Hut Leases Retail Space At 290 Saint Nicholas Avenue In New York City

290 St Nicholas Ave New York, NY 10027, USA

See Similar Deals
Retail1,200 SF
Leased 06/14/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:1,200 SF
Transaction Type:Lease

The retail property located at 290 Saint Nicholas Avenue in New York City has been leased. The landlord, Fata Organization, has entered into a lease agreement with the tenant, Pizza Hut. The lease transaction was facilitated by broker Bruce Herman from Booth Street. The property offers approximately 1,200 square feet of space, with an asking rent of $150 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 290 Saint Nicholas Avenue, New York City
  • Landlord: Fata Organization
  • Tenant: Pizza Hut
  • Broker: Bruce Herman - Booth Street
  • Asking Rent: $150 per square foot
  • Space: 1,200 square feet

This lease transaction showcases the collaboration between Fata Organization, the property's landlord, and Pizza Hut, the tenant. The deal was successfully negotiated by Bruce Herman of Booth Street, who represented both parties in this lease agreement.

Players

Bruce Herman
22 deals$41.1M volume
BROKER

Pizza Hut
TENANT

Details

LEASED
IMAGE: Bruce Herman DATE: 06/14/2023 ADDRESS: 290 Saint Nicholas Avenue MARKET: New York City ASSET TYPE: Retail LANDLORD: Fata Organization TENANT: Pizza Hut (@PizzaHut) BROKER: Bruce Herman - Booth Street (@Booth_Street) ASKING RENT: $150/ft ~ SF: 1,200

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Deal Type
Effective Rent (Annual)

$206,349.83

Total Lease Value

$2,063,498.28

Net Landlord Cash Flow$206,349.83