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Windsor Signs Lease For Retail Space At 499 Broadway In SoHo, NYC

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LEASED

New York

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Retail8,000 SF
Leased 08/01/2022
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LEASED

Windsor Signs Lease For Retail Space At 499 Broadway In SoHo, NYC

499 Broadway, New York City, New York 10012, United States

See Similar Deals
Retail8,000 SF
Leased 08/01/2022
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:8,000 SF
Transaction Type:Lease

Windsor, a retail tenant, has signed a lease for a property located at 499 Broadway in the SoHo market. The property, with a total area of 8,000 square feet, is owned by WB Property Group. The lease was facilitated by Joanne Podell and Michael Shalom from Cushman & Wakefield, who represented Windsor in the transaction. The asking rent for the space was $350 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 08/01/2022
  • Address: 499 Broadway
  • Market: SoHo
  • Landlord: WB Property Group
  • Tenant: Windsor
  • Tenant's Rep: Joanne Podell & Michael Shalom - Cushman & Wakefield
  • Asking Rent: $350/ft.
  • SF: 8,000

Joanne Podell and Michael Shalom from Cushman & Wakefield played a crucial role as representatives of Windsor during the lease negotiation process. They successfully secured the lease agreement for the retail space at 499 Broadway in SoHo, meeting the landlord's asking rent of $350 per square foot.

Players

Michael Shalom
7 deals
BROKER

Joanne Podell
Cushman & Wakefield
7 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Joanne Podell & Michael Shalom DATE: 08/01/2022 ADDRESS: 499 Broadway MARKET: SoHo ASSET TYPE: Retail LANDLORD: WB Property Group TENANT: Windsor TENANT'S REP: Joanne Podell (@SchwartzPodell) & Michael Shalom (@MikeShal1) - Cushman & Wakefield (@CushWake) ASKING RENT: $350/ft. ~ SF: 8,000

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Deal Type
Effective Rent (Annual)

$458,555.17

Total Lease Value

$4,585,551.72

Net Landlord Cash Flow$458,555.17