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Anita Dongre Leases 6800 SF At 473 W Broadway New York Represented By Pavan Uttam

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LEASED
$71

New York

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Retail6,800 SF
Leased 11/07/2017
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Property Image
LEASED

Anita Dongre Leases 6800 SF At 473 W Broadway New York Represented By Pavan Uttam

473 W Broadway, New York, NY, 10012

See Similar Deals
Retail6,800 SF
Leased 11/07/2017
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$71
Total Square Footage:6,800 SF
Transaction Type:Lease

The property located at 473 W Broadway, New York, NY, is a 6,800-square-foot unit spread across three floors in the Soho building. The annual rent for the space is $480,000, which equates to approximately $71 per square foot. This location will serve as a combined store space for two brands under designer Anita Dongre.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: $480,000
  • Address: 473 W Broadway, New York, NY, 10012
  • Market: New York
  • Tenant: Anita Dongre
  • Landlord: Centurion Realty
  • Tenant's Representative: Pavan Uttam of UP Real Estate Advisors
  • Square Feet: 6,800
  • Rent/SF: $71

Designer Anita Dongre is set to combine her luxury bridal and formal wear line with the sustainable prêt-à-porter line, Grassroot, at this new location. Grassroot had previously operated under a temporary lease at The Nearby 484 Broome Street before the decision to move to this newly leased space for a more permanent presence in the New York market.

Players

3 deals$35.9M volume
BROKER

LANDLORD

2 deals
TENANT

Details

LEASED
IMAGE: 473 W Broadway, New York, NY, 10012 MARKET: New York TENANT'S REP: Pavan Uttam() TENANT: Anita Dongre LANDLORD: Centurion Realty RENT/SF: 71 SQUARE FEET: 6800

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Deal Type
Effective Rent (Annual)

$553,476.09

Total Lease Value

$5,534,760.93

Net Landlord Cash Flow$553,476.09