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Manhattan Dental Group Leases Retail Space In Kips Bay For $150/ft

Property Image
LEASED
$150
David Green
Daniel Lolai
+ 1

New York

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Retail2,400 SF
Leased 04/04/2024
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Property Image
LEASED

Manhattan Dental Group Leases Retail Space In Kips Bay For $150/ft

344 3rd Avenue

See Similar Deals
Retail2,400 SF
Leased 04/04/2024
David Green
Daniel Lolai
+ 1
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:2,400 SF
Transaction Type:Lease

The property at 344 3rd Avenue, located in the Kips Bay area of Manhattan, was leased for a retail purpose. The transaction involved an asking rent of $150 per square foot for the 2,400 square feet space. The landlord, Robert Kalimian of Black Diamond Equity Management, leased the property to Manhattan Dental Group. The landlord's representatives in the deal were Ike Bibi, Solomon Tbeile, and David Green from KSR, while the tenant was represented by Daniel Lolai from LSL Advisors.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Landlord: Robert Kalimian - Black Diamond Equity Management
  • Tenant: Manhattan Dental Group
  • Landlord's Rep: Ike Bibi, Solomon Tbeile & David Green - KSR
  • Tenant's Rep: Daniel Lolai - LSL Advisors
  • Address: 344 3rd Avenue
  • Market: Kips Bay, Manhattan
  • Lease Type: Retail Lease

The collaboration between the parties involved in the lease deal highlights the efforts of key individuals such as Ike Bibi, Solomon Tbeile, David Green, Robert Kalimian, and Daniel Lolai. Black Diamond Equity Management, represented by Robert Kalimian, facilitated the agreement with Manhattan Dental Group, guided by Ike Bibi, Solomon Tbeile, and David Green from KSR, and Daniel Lolai from LSL Advisors.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Ike Bibi
Kassin Sabbagh Realty
124 deals$274.3M volume(347) 417-2860
BROKER

David Green
Kassin Sabbagh Realty
176 deals$447M volume(516) 320-0260
BROKER

Solomon Tbeile
Kassin Sabbagh Realty
26 deals
BROKER

Details

LEASED
IMAGE: Ike Bibi, Solomon Tbeile & David Green DATE: 04/04/2024 ADDRESS: 344 3rd Avenue MARKET: Kips Bay, Manhattan ASSET TYPE: Retail LANDLORD: Robert Kalimian - Black Diamond Equity Management TENANT: Manhattan Dental Group LANDLORD'S REP: Ike Bibi (@IkeB), Solomon Tbeile (@Solomon____Tbeile) & David Green (@DavidstGreen) - KSR (@Kassin_Sabbagh_Realty) TENANT'S REP: Daniel Lolai (@DanLolai) - LSL Advisors (@LSLAdvisors) ASKING RENT: $150/ft ~ SF: 2,400 LEASE TYPE: Retail Lease

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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