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Removery Signs Lease For Retail Space At 4 W 21st Street In Flatiron

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LEASED
$115
Kenny Hochhauser
Ike Bibi
+ 1

New York

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Retail2,604 SF
Leased
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Property Image
LEASED

Removery Signs Lease For Retail Space At 4 W 21st Street In Flatiron

4 West 21st Street

See Similar Deals
Retail2,604 SF
Leased
Kenny Hochhauser
Ike Bibi
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$115
Total Square Footage:2604 SF
Transaction Type:Lease

Removery has leased a retail space located at 4 W 21st Street in the Flatiron market. The leased space spans 2,604 square feet. The lease was negotiated by Ken Hochhauser from Winick Realty Group, representing Removery, and Carolina Aziz, Ike Bibi, and Maddy Soffer from KSR, representing the landlord, Ivan Hakimian. The asking rent for the space was $115 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 4 W 21st Street
  • Market: Flatiron
  • Tenant: Removery
  • Landlord: Ivan Hakimian
  • Tenant's Rep: Ken Hochhauser - Winick Realty Group
  • Landlord's Rep: Carolina Aziz, Ike Bibi, & Maddy Soffer - KSR
  • Asking Rent: $115/ft.
  • Square Footage: 2,604

The deal was successfully negotiated with the involvement of Ken Hochhauser from Winick Realty Group representing Removery, and Carolina Aziz, Ike Bibi, and Maddy Soffer from KSR representing the landlord, Ivan Hakimian. Removery will now be able to operate its business in the retail space located at 4 W 21st Street. This lease transaction highlights the collaborative efforts of the tenant's representative, Ken Hochhauser, and the landlord's representatives, Carolina Aziz, Ike Bibi, and Maddy Soffer.

Players

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

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

Kenny Hochhauser
2 deals
BROKER

Details

LEASED
IMAGE: Carolina Aziz, Ike Bibi & Maddy Soffer DATE: 09/28/2022 ADDRESS: 4 W 21st Street MARKET: Flatiron ASSET TYPE: Retail TENANT: Removery LANDLORD: Ivan Hakimian TENANT'S REP: Ken Hochhauser - Winick Realty Group LANDLORD'S REP: Carolina Aziz (@CarolinaAziz), Ike Bibi (@IkeB) & Maddy Soffer (@MaddySoffer) - KSR ASKING RENT: $115/ft. ~ SF: 2,604

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Deal Type
Effective Rent (Annual)

$343,297.33

Total Lease Value

$3,432,973.30

Net Landlord Cash Flow$343,297.33