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Buck Mason Leases 3,250 Square Feet At 486 Broadway In SoHo For $1.5 Million Annually

Property Image
LEASED
Nicholas "Nick" Judson

New York

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Retail3,250 SF
Leased 11/19/2024
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Property Image
LEASED

Buck Mason Leases 3,250 Square Feet At 486 Broadway In SoHo For $1.5 Million Annually

486 Broadway

See Similar Deals
Retail3,250 SF
Leased 11/19/2024
Nicholas "Nick" Judson
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,250 SF
Transaction Type:Lease

The asset involved in the transaction is a retail space located at 486 Broadway in the SoHo market. The property encompasses 3,250 square feet and is leased for an annual amount of $1.5 million. The transaction will see Buck Mason taking over the location previously occupied by Madewell.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1.5 million annually
  • Address: 486 Broadway
  • Market: SoHo
  • Landlord: Rod Feldman - Tri-Star Equities
  • Tenant: Erik Allen Ford - Buck Mason
  • Landlord's Representative: Nicholas Judson & Wendy Mcdonald - Judson CRE
  • Tenant's Representative: Michael Leifer - Runyon New York

This transaction involved key individuals including Rod Feldman, representing the landlord, and Erik Allen Ford as the tenant. Nicholas Judson and Wendy Mcdonald acted as the landlord's representatives from Judson CRE, while Michael Leifer represented the tenant through Runyon New York.

Players

Nicholas "Nick" Judson
13 deals$43.9M volume
BROKER

Wendy Mcdonald
Judson CRE
8 deals
BROKER

Details

LEASED
IMAGE: Erik Allen Ford, Rod Feldman, Nicholas Judson & Wendy Mcdonald DATE: 11/19/2024 ADDRESS: 486 Broadway MARKET: SoHo ASSET TYPE: Retail ~ SF: 3,250 LANDLORD: Rod Feldman - Tri-Star Equities TENANT: Erik Allen Ford (@ErikAllenFord) - Buck Mason (@BuckMason) LANDLORD'S REP: Nicholas Judson & Wendy Mcdonald - Judson CRE (@JudsonCRE) TENANT'S REP: Michael Leifer (@MDLeifer) - Runyon New York NOTE: Buck Mason signed a lease for 3,250 square feet at 486 Broadway in SoHo, replacing Madewell, with an asking rent of $1.5 million annually.

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Deal Type
Effective Rent (Annual)

$186,288.04

Total Lease Value

$1,862,880.39

Net Landlord Cash Flow$186,288.04