Ralph Sutton Leases 2,000 SF Retail Space To Pokemon World At 526 Seventh Avenue
LEASED
$90
New York
See Similar DealsRetail2,000 SF
Leased 09/27/2024
LEASED
Ralph Sutton Leases 2,000 SF Retail Space To Pokemon World At 526 Seventh Avenue
526 Seventh Avenue
See Similar DealsRetail2,000 SF
Leased 09/27/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:2,000 SF
Transaction Type:Lease
The property asset involved is a retail space located at 526 Seventh Avenue in Midtown. This asset covers an area of 2,000 square feet and has an asking rent of $90 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Asset Address: 526 Seventh Avenue
- Market: Midtown
- Landlord: Ralph Sutton
- Tenant: Pokemon World
- Brokers: Josh Vilinsky & Albert Manopla - KSR
- Lease Type: Retail Lease
Key individuals involved in this transaction include landlords and brokers, with Ralph Sutton representing the landlord and Josh Vilinsky and Albert Manopla representing the tenant, Pokemon World, through their agency KSR.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,349.83
Total Lease Value
$2,063,498.28
Net Landlord Cash Flow$206,349.83
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