Sofias Gelato Signs Ground Lease At 496 Hudson Street In West Village, Manhattan

The retail property at 496 Hudson Street in West Village, Manhattan has recently been leased. The property is owned by Beach Lane Management and the tenant is Sofias Gelato. The lease was brokered by Jack Hamadani of KSR. The property is a ground lease with an asking rent of $193 per square foot and a total square footage of 450.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 496 Hudson Street
• Market: West Village, Manhattan
• Landlord: Beach Lane Management
• Tenant: Sofias Gelato
• Broker: Jack Hamadani - KSR
• Asking Rent: $193 per square foot
• Lease Type: Ground Lease

The deal was successfully negotiated by Jack Hamadani of KSR, who acted as the broker for both the landlord, Beach Lane Management, and the tenant, Sofias Gelato. The property, located at 496 Hudson Street in the sought-after West Village, Manhattan market, offers a prime retail space for Sofias Gelato to establish their presence. This lease transaction represents a significant opportunity for both the landlord and tenant to capitalize on the vibrant retail market in the heart of West Village.