Posh Bakery Leases Retail Space At 315 West 39th Street, Midtown West
LEASED
$170
New York
See Similar DealsRetail1,100 SF
Leased 04/10/2024
LEASED
Posh Bakery Leases Retail Space At 315 West 39th Street, Midtown West
315 West 39th Street
See Similar DealsRetail1,100 SF
Leased 04/10/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$170
Total Square Footage:1,100 SF
Transaction Type:Lease
The retail property located at 315 West 39th Street in Midtown West was leased to Posh Bakery. The lease was facilitated by brokers Elliot Gindi and Joshua Berkun from KSR. The property features an asking rent of $120 per square foot with a total area of 1,100 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Handler Real Estate Organization
- Tenant: Posh Bakery
- Brokers: Elliot Gindi & Joshua Berkun - KSR
- Address: 315 West 39th Street
- Market: Midtown West
The lease agreement for the retail space at 315 West 39th Street was successfully executed between Handler Real Estate Organization as the landlord and Posh Bakery as the tenant. Elliot Gindi and Joshua Berkun, representing KSR, played crucial roles in finalizing the deal, highlighting their expertise in the retail leasing market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$214,374.54
Total Lease Value
$2,143,745.43
Net Landlord Cash Flow$214,374.54
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