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VIP Vet Leases Retail Space At 374 6th Avenue With Landlord Phillips International

Property Image
LEASED
$125
Hal Shapiro
Roy Abraham
+ 1

New York

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Retail4,056 SF
Leased 10/11/2023
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Property Image
LEASED

VIP Vet Leases Retail Space At 374 6th Avenue With Landlord Phillips International

374 6th Avenue

See Similar Deals
Retail4,056 SF
Leased 10/11/2023
Hal Shapiro
Roy Abraham
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:4,056 SF
Transaction Type:Lease

The property asset involved in the transaction is located at 374 6th Avenue in the Greenwich Village market. This retail space encompasses 4,056 square feet and is leased under a Single Net Lease at an asking rent of $125 per foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $505,000
  • Address: 374 6th Avenue
  • Market: Greenwich Village
  • Landlord: Phillips International
  • Landlord's Representatives: Shelia Chess & Michael Robbins
  • Tenant: VIP Vet
  • Tenant's Representatives: Michael Segerman & Roy Abraham
  • Lease Type: Single Net Lease

The transaction involved key representatives including Hal Shapiro from Winick Realty Group representing the landlords, and Michael Segerman along with Roy Abraham from Current Real Estate Advisors representing the tenant. This collaboration facilitated the leasing of the retail space to VIP Vet.

Players

Michael Segerman
27 deals$8.6M volume(516) 297-3337
BROKER


Roy Abraham
Current Real Estate Advisors
7 deals
BROKER


LANDLORD

Details

LEASED
IMAGE: Michael Segerman, Roy Abraham & Hal Shapiro DATE: 10/11/2023 ADDRESS: 374 6th Avenue MARKET: Greenwich Village ASSET TYPE: Retail LANDLORD: Phillips International - Shelia Chess & Michael Robbins TENANT: VIP Vet (https://vip-vet.com/) LANDLORD'S REP: Hal Shapiro - Winick Realty Group (@WinickRealty) TENANT'S REP: Michael Segerman (@SegerCruz) & Roy Abraham - Current Real Estate Advisors (@CurrentRealEstate) ASKING RENT: $125/ft ~ SF: 4,056 LEASE TYPE: Single Net Lease

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Deal Type
Effective Rent (Annual)

$581,218.68

Total Lease Value

$5,812,186.81

Net Landlord Cash Flow$581,218.68