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La Vie Signs 10-Year Retail Lease At 325 West 42nd Street In Hell's Kitchen

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LEASED
$200

New York

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Retail1,800 SF
Leased 08/01/2023
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Property Image
LEASED

La Vie Signs 10-Year Retail Lease At 325 West 42nd Street In Hell's Kitchen

325 W 42nd St New York, NY 10036, USA

See Similar Deals
Retail1,800 SF
Leased 08/01/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:1,800 SF
Transaction Type:Lease

The retail property located at 325 West 42nd Street in Hell's Kitchen has recently been leased. The landlord, Aya Residential - Amir Shriki, has entered into an agreement with the tenant, La Vie, for a lease term of 10 years. The property has a total square footage of 1,800 and the asking rent is $200 per square foot.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 325 West 42nd Street, Hell's Kitchen
  • Market: Hell's Kitchen
  • Landlord: Aya Residential - Amir Shriki
  • Tenant: La Vie
  • Broker: Sam Hamway - REQCE Commercial
  • Asking Rent: $200 per square foot
  • Lease Term: 10 years

The deal was facilitated by Sam Hamway, the broker from REQCE Commercial. This successful lease transaction brings in a new tenant, La Vie, to the retail space at 325 West 42nd Street. The details of the lease, such as the rental price and square footage, were negotiated between the landlord, Aya Residential - Amir Shriki, and the tenant, La Vie.

Players

SH
3 deals(917) 270-5120
BROKER


Amir Shriki
10 deals$460.3M volume
LANDLORD

Details

LEASED
IMAGE: 08/01/2023 ADDRESS: 325 West 42nd Street MARKET: Hell's Kitchen ASSET TYPE: Retail LANDLORD: Aya Residential - Amir Shriki TENANT: La Vie BROKER: Sam Hamway - REQCE Commercial (@REQCECommercial) ASKING RENT: $200/ft ~ SF: 1,800 LEASE TERM: 10 Years

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Deal Type
Effective Rent (Annual)

$412,699.66

Total Lease Value

$4,126,996.55

Net Landlord Cash Flow$412,699.66