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Royal Hemp Leases Retail Space At 345 7th Avenue In Midtown West With Brokers Ike Bibi, Carolina Aziz, David Green & Ori Melloul - KSR

Property Image
LEASED
$245
Ike Bibi
David Green
+ 1

New York

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Retail1,500 SF
Leased 07/13/2023
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Property Image
LEASED

Royal Hemp Leases Retail Space At 345 7th Avenue In Midtown West With Brokers Ike Bibi, Carolina Aziz, David Green & Ori Melloul - KSR

345 7th Ave New York, NY 10001, USA

See Similar Deals
Retail1,500 SF
Leased 07/13/2023
Ike Bibi
David Green
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$245
Total Square Footage:1,500 SF
Transaction Type:Lease

Namdar Realty Group has leased a retail space located at 345 7th Avenue in Midtown West. The property, measuring 1,500 square feet in size, was leased by Royal Hemp. The deal was facilitated by brokers Ike Bibi, Carolina Aziz, David Green, and Ori Melloul from KSR. The asking rent for the space was $245 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 345 7th Avenue
  • Market: Midtown West
  • Tenant: Royal Hemp
  • Landlord: Namdar Realty Group
  • Brokers: Ike Bibi, Carolina Aziz, David Green, and Ori Melloul - KSR
  • Asking Rent: $245/ft
  • Square Footage: 1,500

This lease transaction was successfully closed with the involvement of key individuals and companies. Namdar Realty Group, as the landlord, agreed to lease the retail space to Royal Hemp. Representing both parties, brokers Ike Bibi, Carolina Aziz, David Green, and Ori Melloul from KSR worked diligently to negotiate terms and ensure a satisfactory agreement.

Players

Ike Bibi
125 deals$274.3M volume(347) 417-2860
BROKER

Carolina Aziz
Kassin Sabbagh Realty
96 deals$24.8M volume(516) 640-6961
BROKER

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

Ori Melloul
Kassin Sabbagh Realty
21 deals
BROKER

Namdar Realty Group
LANDLORD

Details

LEASED
IMAGE: Ike Bibi, Carolina Aziz, David Green & Ori Melloul DATE: 07/13/2023 ADDRESS: 345 7th Avenue MARKET: Midtown West ASSET TYPE: Retail LANDLORD: Namdar Realty Group (@NamdarLLC) TENANT: Royal Hemp BROKERS: Ike Bibi (@IkeB) , Carolina Aziz (@CarolinaAziz), David Green (@DavidSTGreen) & Ori Melloul (@OriMelloul) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $245/ft ~ SF: 1,500

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Deal Type
Effective Rent (Annual)

$421,297.56

Total Lease Value

$4,212,975.65

Net Landlord Cash Flow$421,297.56