Moshe Stareshefsky Leases Retail Space To The Icon NYC At 500 West 43rd Street
LEASED
$300
New York
See Similar DealsRetail500 SF
Leased 07/08/2025
LEASED
Moshe Stareshefsky Leases Retail Space To The Icon NYC At 500 West 43rd Street
500 West 43rd Street
See Similar DealsRetail500 SF
Leased 07/08/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$300
Total Square Footage:500 SF
Transaction Type:Lease
The asset involved in this transaction is a retail space located at 500 West 43rd Street in the Hell's Kitchen market. The property features a modified gross lease with an asking rent of $300 per square foot and encompasses a total area of 500 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $300/ft
- Lease Type: Modified Gross Lease
- Landlord: Moshe Stareshefsky
- Tenant: The Icon NYC
- Brokers: Josh Sarraf & Aaron Aziz - ARA
- Date: 7/8/2025
Josh Sarraf and Aaron Aziz, representing ARA, facilitated this leasing transaction, bringing together the landlord and the tenant to finalize the agreement for the retail space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$171,958.19
Total Lease Value
$1,719,581.90
Net Landlord Cash Flow$171,958.19
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