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OrangeTheory Fitness Leases Retail Space In Greenwich Village At 391 6th Ave

Property Image
LEASED
Lee Block
Albert Manopla
+ 2

New York

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Retail3,300 SF
Leased 02/17/2020
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Property Image
LEASED

OrangeTheory Fitness Leases Retail Space In Greenwich Village At 391 6th Ave

391 6th Avenue, Brooklyn, NY 11215

See Similar Deals
Retail3,300 SF
Leased 02/17/2020
Lee Block
Albert Manopla
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:3,300 SF
Transaction Type:Lease

OrangeTheory Fitness has leased a retail space at 391 6th Ave in Greenwich Village. The lease transaction took place on February 17, 2021. The property is a retail asset with a total area of 3,300 square feet. The asking rent for the space was $145 per square foot.

Summary of transation details

The deal was facilitated by brokers Albert Halawani, Adam Krell, Albert Manopla, Michael Shkreli, and Lee Block. The tenant, OrangeTheory Fitness, leased the space from landlord Walter Samuels. The lease agreement was secured at an asking rent of $145 per square foot.

Players

Albert Halawani
49 deals$445M volume(347) 204-6578
BROKER

Albert Manopla
Kassin Sabbagh Realty
82 deals$4.3M volume(212) 380-8369
BROKER

Michael Shkreli
RTL Real Estate
5 deals
BROKER


David Berley
6 deals$6M volume
LANDLORD

TENANT

Details

LEASED
IMAGE: Albert Halawani, Adam Krell & Albert Manopla DATE: 02/17/2021 ADDRESS: 391 6th Ave. MARKET: Greenwich Village ASSET TYPE: Retail TENANT: @OrangeTheory Fitness 🏋️‍♂️ LANDLORD: Walter Samuels BROKERS: @AlbertHalawani & @AlbertManopla - @Kassin_Sabbagh_Realty; Michael Shkreli & Lee Block - @WinickRealty ASKING RENT: $145/ft. ~ SF: 3,300

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Deal Type
Effective Rent (Annual)

$189,154.01

Total Lease Value

$1,891,540.09

Net Landlord Cash Flow$189,154.01