Chic Collectibles Co. Leases Retail Space At 424 Broadway In SoHo With Landlord Elliot Chehebar
LEASED
$235
+ 1
New York
See Similar DealsRetail8,800 SF
Leased
LEASED
Chic Collectibles Co. Leases Retail Space At 424 Broadway In SoHo With Landlord Elliot Chehebar
424 Broadway
See Similar DealsRetail8,800 SF
Leased
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$235
Total Square Footage:8800 SF
Transaction Type:Lease
The property involved in this transaction is located at 424 Broadway in the SoHo market. It is categorized as a retail asset with a total square footage of 8,800. The asking rent is set at $235 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,078,000
- Address: 424 Broadway
- Landlord: Elliot Chehebar
- Tenant: Chic Collectibles Co.
- Lease Type: Retail Lease
- Brokers: Sophia Gaines, Ike Bibi, Jack Khaski & Albert Manopla - KSR
The deal was facilitated by brokers Sophia Gaines, Ike Bibi, Jack Khaski, and Albert Manopla, all of whom represent KSR in this transaction, highlighting their role in connecting the landlord and tenant for this retail lease agreement.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,370,730.24
Total Lease Value
$23,707,302.42
Net Landlord Cash Flow$2,370,730.24
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