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Clara Leases 3,000 SF Retail Space In Hell's Kitchen Manhattan At 331 W. 51st St

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LEASED

New York

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Retail3,000 SF
Leased 03/30/2022
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LEASED

Clara Leases 3,000 SF Retail Space In Hell's Kitchen Manhattan At 331 W. 51st St

331 West 51st Street, New York City, New York 10019, United States

See Similar Deals
Retail3,000 SF
Leased 03/30/2022
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:3,000 SF
Transaction Type:Lease

Eleanor Ahdoot, the landlord, has leased a retail space located at 331 W. 51st St. in Hell's Kitchen, Manhattan. The property has a total square footage of 3,000 and the asking rent was $100 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 331 W. 51st St., Hell's Kitchen, Manhattan
  • Market: Hell's Kitchen, Manhattan

Clara, the tenant, has leased this space for a new location in New York City. As a beloved restaurant staple, Clara is undergoing a major expansion into the NYC marketplace. The tenant's representative, Michael Kydes from Brown Harris Stevens, negotiated the lease on behalf of Clara. Matin Hakimian and Aaron Aziz from Avenue Realty Advisors represented the landlord, Eleanor Ahdoot.

This specific space was part of Avenue Realty Advisors' exclusive portfolio of commercial spaces in NYC. For more commercial space options, you can visit Avenue Realty Advisors' website at https://www.aranyc.com/listings/. If you are interested in leasing vacant commercial space or opening a new location, reach out to their leasing specialists for advice.

For additional information, you can visit Avenue Realty Advisors' website at www.aranyc.com or follow them on Instagram at @aranyc_.

Link to Instagram post

Aaron Aziz from Avenue Realty Advisors can be contacted at 516.355.8018 or emailed at [email protected]. Matin Hakimian, the associate, can be reached at 516.712.7321 or emailed at [email protected].

If you are interested in joining the ARA team, you can reach out to them through their website at https://www.aranyc.com/contact.

Players

Aaron Aziz
47 deals(516) 355-8018
BROKER

Michael Kydes
Brown Harris Stevens
1 deal
BROKER

Matin Hakimian
ARA
2 deals
BROKER

Details

LEASED
IMAGE: Matin Hakimian, Aaron Aziz & Michael Kydes DATE: 03/30/2022 ADDRESS: 331 W. 51st St. MARKET: Hell's Kitchen, Manhattan ASSET TYPE: Retail LANDLORD: Eleanor Ahdoot TENANT: Clara TENANT'S REP: Michael Kydes (@Michael_Kydes) - Brown Harris Stevens LANDLORD'S REP: Matin Hakimian (@MHak723) & Aaron Aziz (@AarAziz) - Avenue Realty Advisors (@ARANYC_) ASKING RENT: $100/ft. ~ SF: 3,000 NOTE FROM BROKER: This busy 3000 SF Hell’s Kitchen Restaurant was leased by Clara. This will be one of their multiple locations in NYC and they are one of the truly beloved restaurant stables here in New York.  They are currently undergoing a major wave of expansion into the NYC marketplace. In this particular lease, the owner was represented by ARA. The tenant was represented by Michael Kydes of Brown Harris Stevens. This specific space was part of ARA’s exclusive portfolio of commercial space around NYC. You can check out our additional exclusive listings at https://www.aranyc.com/listings/ If you are an owner looking to lease your vacant commercial space or a tenant looking to open a new or additional commercial space, please reach out and one of our leasing specialists will advise you accordingly. Website: www.aranyc.com Instagram: @aranyc_ Aaron Aziz Principal Broker 516.355.8018 [email protected] Matin Hakimian Associate 516.712.7321 [email protected] Interested in joining the ARA Team? Reach Out Today! https://www.aranyc.com/contact

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Total Lease Value

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Net Landlord Cash Flow$171,958.19