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Adam Amsalem Of Black Spruce Management Leases Retail Space To St. Kilda Coffee In Hells Kitchen

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LEASED
$160

New York

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Retail450 SF
Leased 06/01/2025
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Property Image
LEASED

Adam Amsalem Of Black Spruce Management Leases Retail Space To St. Kilda Coffee In Hells Kitchen

340 West 49th Street

See Similar Deals
Retail450 SF
Leased 06/01/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$160
Total Square Footage:450 SF
Transaction Type:Lease

The property involved in the transaction is a retail asset located at 340 West 49th Street in the Hells Kitchen market. The space covers 450 square feet and has an asking rent of $160 per square foot. The lease term established is 10 years under a modified gross lease agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $160/ft
  • Address: 340 West 49th Street
  • Market: Hells Kitchen
  • Asset Size: 450 SF
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Adam Amsalem - Black Spruce Management
  • Tenant: St. Kilda Coffee
  • Landlord's Representative: Aryeh Vilinsky - BH Realty
  • Tenant's Representative: Nolan Weinberg - KSR

Key individuals in this transaction include Adam Amsalem representing Black Spruce Management as the landlord, while St. Kilda Coffee is the tenant. Aryeh Vilinsky from BH Realty acts as the landlord's representative, and Nolan Weinberg from KSR is the tenant's representative in this lease deal.

Players

Jeff Geoghegan
27 deals(212) 945-8984
BROKER



Kassin Sabbagh Realty
BROKERAGE

BH Realty
BROKERAGE


Details

LEASED
IMAGE: Aryeh Vilinsky & Nolan Weinberg DATE: 6/1/2025 ADDRESS: 340 West 49th Street MARKET: Hells Kitchen ASSET TYPE: Retail LANDLORD: Adam Amsalem - Black Spruce Management TENANT: St. Kilda Coffee (@StKildaCoffeeNYC) LANDLORD'S REP: Aryeh Vilinsky (@Aryeh.Vilinsky) - BH Realty (@BHRealtyNYC) TENANT'S REP: Nolan Weinberg (@NolanWeinberg) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $160/ft ~ SF: 450 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$82,539.93

Total Lease Value

$825,399.31

Net Landlord Cash Flow$82,539.93