Affiliate Of Associated Supermarket Leases Retail Space At 3801 Broadway, New York

The retail property located at 3805 Broadway in New York, NY, 10032, spans 3,200 square feet and includes an additional 800-square-foot basement, situated within the thriving market of New York. The space is now home to an affiliate of Associated supermarket, previously occupied by Payless Shoe Source.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not provided
• Tenant: Affiliate of Associated supermarket
• Landlord: Dynamic Broadway Corp.
• Square Feet: 3,200

The lease deal for the retail space at 3805 Broadway was facilitated by Maria Fernandez from Avison Young, representing the tenant in the 15-year lease. On the other side, Todd Korren, also from Avison Young, acted as the representative for the property owner, Dynamic Broadway Corp. The negotiation resulted in a long-term lease agreement that includes a five-year renewal option, benefitting both parties involved in the transaction.