facebook
Traded Co logo
Submit
Daily limit: 0/10

Christian Pineda Of Newmark Represents Los Tacos No. 1 In 10-Year Lease At 318 West 39th Street

Property Image
LEASED

New York

See Similar Deals
Retail9,800 SF
Leased 01/10/2025
the dealplayerscompscontact
Property Image
LEASED

Christian Pineda Of Newmark Represents Los Tacos No. 1 In 10-Year Lease At 318 West 39th Street

318 West 39th Street

See Similar Deals
Retail9,800 SF
Leased 01/10/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:9,800 SF
Transaction Type:Lease

The transaction involves a retail asset located at 318 West 39th Street in the Garment District. The property spans a total of 9,800 square feet, specifically serving as a commissary kitchen. Los Tacos No. 1 has signed a lease agreement for this space to support its Times Square location and produce tortillas and chips for its restaurants.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 318 West 39th Street
  • Market: Garment District
  • Landlord: Eric Gural & Brian Steinwurtzel - GFP Real Estate
  • Tenant: Christian Pineda - Los Tacos No. 1
  • Landlord's Representative: Matthew Mandell - GFP Real Estate
  • Tenant's Representative: Neal Ohm - Newmark
  • Lease Duration: 10 years

The lease transaction involved key representatives from both parties. Eric Gural and Brian Steinwurtzel are the landlords, representing GFP Real Estate. On the tenant side, Christian Pineda, associated with Los Tacos No. 1, was represented by Neal Ohm from Newmark, while Matthew Mandell from GFP Real Estate represented the landlords.

Players

Matthew Mandell
21 deals$75M volume(212) 609-8050
BROKER

Details

LEASED
IMAGE: Eric Gural, Neal Ohm, Christian Pineda, Matthew Mandell & Brian Steinwurtzel DATE: 01/10/2025 ADDRESS: 318 West 39th Street MARKET: Garment District ASSET TYPE: Retail ~ SF: 9,800 LANDLORD: Eric Gural & Brian Steinwurtzel - GFP Real Estate TENANT: Christian Pineda - Los Tacos No. 1 LANDLORD'S REP: Matthew Mandell - GFP Real Estate (@GFPRealEstate) TENANT'S REP: Neal Ohm (@NealOhm) - Newmark (@Newmark) NOTE: Los Tacos No. 1 signed a 10-year lease for a 9,800-square-foot commissary kitchen at 318 West 39th Street to support its Times Square location and produce tortillas and chips for its restaurants.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$561,730.09

Total Lease Value

$5,617,300.86

Net Landlord Cash Flow$561,730.09