Befikre Leases Retail Space At 42 West 33rd Street In Midtown With Torkian Group As Landlord
LEASED
$150
+ 2
New York
See Similar DealsRetail5,600 SF
Leased
LEASED
Befikre Leases Retail Space At 42 West 33rd Street In Midtown With Torkian Group As Landlord
42 West 33rd Street
See Similar DealsRetail5,600 SF
Leased
+ 2
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:5600 SF
Transaction Type:Lease
The retail asset located at 42 West 33rd Street in Midtown features a lease for a total square footage of 5,600. The asking rent price is set at $150 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Address: 42 West 33rd Street
- Market: Midtown
- Landlord: Torkian Group
- Tenant: Befikre
- Landlord's Representative: Michael Paster, Alex Hedaya & Jenna Kestan - Newmark
- Tenant's Representative: Marc Sitt & Dorel Melloul - KSR
This lease agreement involves key representatives from both parties. The landlord's interests are represented by Michael Paster, Alex Hedaya, and Jenna Kestan from Newmark, while the tenant is represented by Marc Sitt and Dorel Melloul from KSR.
Players
BROKERAGE
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$962,965.86
Total Lease Value
$9,629,658.62
Net Landlord Cash Flow$962,965.86
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