Convenience Store Signs Ground Lease In Midtown West NYC

A ground lease for a retail property in Midtown West has been successfully leased. The property, located at 340 West 49th Street, was leased to a convenience store tenant. The deal was facilitated by brokers Tyler Zar, Adam Lavian, and Tanner Zar from Titan Group New York, along with Matthew Jacoby from Vector New York. The asset encompasses 500 square feet of space and was managed by Niew Amsterdam Property Management. The asking rent for the lease was $180 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: Not provided
• Address: 340 West 49th Street
• Market: Midtown West

Tyler Zar, Adam Lavian, and Tanner Zar, representing Titan Group New York, successfully negotiated the ground lease for the retail property. They were joined by Matthew Jacoby from Vector New York. For further inquiries or assistance with commercial and residential leasing, please contact Titan Group New York directly through Tyler Zar at [email protected] or (516) 784-0478. It's worth noting that Titan Group New York specializes in leasing vacant units for property owners.