Sol Ava Leases Retail Space To Vida Steak House At 511 Ninth Avenue For $115 Per Ft

The transaction involves a retail asset located at 511 Ninth Avenue within the Hell's Kitchen market. The property is leased at an asking rent of $115 per square foot with a total square footage of 6,000. The lease term is set for 10 years under a modified gross lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $115/ft
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Sol Ava
• Tenant: Vida Steak House
• Brokers: Aryeh Vilinsky & Abraham Cohen - Tahari Realty

Aryeh Vilinsky and Abraham Cohen, representing Tahari Realty, played a significant role in facilitating this lease transaction, acting on behalf of the landlord and tenant in the agreement. Their expertise contributed to the successful arrangement between Sol Ava and Vida Steak House.