Robert Haddad Leases Retail Space To Zhoumapo At 298 5th Avenue In Manhattan For $72/ft
LEASED
$199
New York
See Similar DealsRetail5,500 SF
Leased 07/02/2025
LEASED
Robert Haddad Leases Retail Space To Zhoumapo At 298 5th Avenue In Manhattan For $72/ft
298 5th Avenue
See Similar DealsRetail5,500 SF
Leased 07/02/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$199
Total Square Footage:5,500 SF
Transaction Type:Lease
This retail asset is located at 298 5th Avenue in the Nomad neighborhood of Manhattan. The asset spans 5,500 square feet and has an asking rent of $72 per square foot. The lease type for this transaction is a Modified Gross Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $72/ft
- Address: 298 5th Avenue
- Market: Nomad, Manhattan
- Landlord: Robert Haddad
- Tenant: Zhoumapo
- Brokers: John Roesch, Mariko Tanaka & Noam Aziz - Meridian Capital Group
- Square Footage: 5,500
- Lease Type: Modified Gross Lease
The transaction involves important individuals from Meridian Capital Group, with John Roesch, Mariko Tanaka, and Noam Aziz representing the deal. Their involvement highlights the brokerage's role in facilitating this lease agreement between the landlord and tenant.
Players
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Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,259,954.85
Total Lease Value
$12,599,548.52
Net Landlord Cash Flow$1,259,954.85
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