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Forma Pilates Signs Lease For Retail Space In Soho Building

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LEASED

New York

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Retail2,500 SF
Leased 02/18/2022
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LEASED

Forma Pilates Signs Lease For Retail Space In Soho Building

473 West Broadway, New York City, New York 10012, United States

See Similar Deals
Retail2,500 SF
Leased 02/18/2022
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:2,500 SF
Transaction Type:Lease

A retail property located at 473 West Broadway in Soho has been leased. The property, spanning 2,500 square feet, was leased by Centurion Realty to Forma Pilates. The tenant's representatives in the deal were Brandon L. Singer and Max Kreinces from Retail by MONA, while the landlord was represented by Ross Eisenberg from RDE Advisors. The lease was signed on February 18, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: February 18, 2022
  • Address: 473 West Broadway, Soho
  • Landlord: Centurion Realty
  • Tenant: Forma Pilates
  • Tenant's Representative: Brandon L. Singer & Max Kreinces - Retail by MONA
  • Landlord's Representative: Ross Eisenberg - RDE Advisors

Liana Levi, the founder of Forma Pilates, led the negotiations for the lease. It is worth noting that Forma Pilates already has existing locations in Los Angeles. For more information about Forma Pilates, visit their website: https://www.formapilatesla.com/.

Players

Brandon Singer
59 deals$84.3M volume
BROKER

Ross Eisenberg
RDE Advisors
7 deals
BROKER

Max Kreinces
Retail By Mona
18 deals$35.3M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: Liana Levi, Brandon L. Singer & Max Kreinces DATE: 02/18/2022 ADDRESS: 473 West Broadway MARKET: Soho ASSET TYPE: Retail LANDLORD: Centurion Realty TENANT: Forma Pilates TENANT'S REP: Brandon L. Singer (@BrandonS85) & Max Kreinces (@Max_Kreinces) - Retail by MONA LANDLORD'S REP: Ross Eisenberg - RDE Advisors ASKING RENT: $100/ft. ~ SF: 2,500 NOTE FROM BROKER: Liana Levi is the founder of Forma Pilates. Forma has existing locations in Los Angeles. https://www.formapilatesla.com/

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Deal Type
Effective Rent (Annual)

$143,298.49

Total Lease Value

$1,432,984.91

Net Landlord Cash Flow$143,298.49