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Allstate Flooring Leases Retail Space At 32 West 18th Street In New York City

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LEASED
$120

New York

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Retail2,145 SF
Leased
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Property Image
LEASED

Allstate Flooring Leases Retail Space At 32 West 18th Street In New York City

32 West 18th Street

See Similar Deals
Retail2,145 SF
Leased
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:2145 SF
Transaction Type:Lease

The retail property located at 32 West 18th Street in New York City has been leased. The property, totaling 2,145 square feet, was leased by Allstate Flooring. The landlord, Dalan Management, was represented by Richard Skulnik and Lindsay Zegans from Ripco. Allstate Flooring was represented by Meyer Dagmy from MOD. The lease transaction was completed on January 10, 2023.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 32 West 18th Street
  • Market: New York City
  • Landlord: Dalan Management
  • Tenant: Allstate Flooring
  • Landlord's Representative: Richard Skulnik & Lindsay Zegans - Ripco
  • Tenant's Representative: Meyer Dagmy - MOD
  • Asking Rent: $120/ft
  • Square Footage: 2,145

The deal involved the cooperation of Richard Skulnik and Lindsay Zegans from Ripco, representing Dalan Management as the landlord's representatives, and Meyer Dagmy from MOD, representing Allstate Flooring as the tenant's representative. The lease presents a successful transaction for both parties in the retail market of New York City.

Players

Richard Skulnik
9 deals
BROKER

Lindsay Zegans
Ripco
13 deals
BROKER

Meyer Dagmy
MOD
81 deals$5.5M volume
BROKER

Dalan Management
LANDLORD

Details

LEASED
IMAGE: Meyer Dagmy, Richard Skulnik & Lindsay Zegans DATE: 01/10/2023 ADDRESS: 32 West 18th Street MARKET: New York City ASSET TYPE: Retail LANDLORD: Dalan Management TENANT: Allstate Flooring LANDLORD'S REP: Richard Skulnik & Lindsay Zegans - Ripco TENANT'S REP: Meyer Dagmy (@Mod_CRE) - MOD ASKING RENT: $120/ft ~ SF: 2,145

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Deal Type
Effective Rent (Annual)

$295,080.25

Total Lease Value

$2,950,802.53

Net Landlord Cash Flow$295,080.25