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312 Food Corp. Leases Retail Space At 538 W 181st St, New York

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LEASED

New York

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Retail7,500 SF
Leased 06/04/2020
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LEASED

312 Food Corp. Leases Retail Space At 538 W 181st St, New York

538 W 181st St, New York, NY, 10033

See Similar Deals
Retail7,500 SF
Leased 06/04/2020
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:7,500 SF
Transaction Type:Lease

The property at 538 W 181st St, New York, NY, 10033, is a retail asset spanning 7500 square feet. The lease for this property was finalized on 06/04/2020 in New York. The tenant, 312 Food Corp., was represented by Maria Fernandez from Avison Young, while the landlord, Won Merchandise Corporation, was represented by Ryan Chong.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Tenant: 312 Food Corp.
  • Tenant's Rep: Maria Fernandez (Avison Young)
  • Landlord: Won Merchandise Corporation
  • Landlord's Rep: Ryan Chong
  • Address: 538 W 181st St, New York, NY, 10033
  • Market: New York
  • Square Feet: 7500
  • Date: 06/04/2020

The collaboration between Maria Fernandez from Avison Young and Ryan Chong in this transaction demonstrates the significance of knowledgeable and adept representatives in sealing successful lease agreements within the New York market. The interaction and negotiation skills of Maria Fernandez proved instrumental in securing the ideal terms for 312 Food Corp., enhancing their presence in a competitive market. On the other hand, Ryan Chong's expertise played a vital role in safeguarding the interests of Won Merchandise Corporation, ensuring a mutually beneficial arrangement for both parties involved.

Players

2 deals
BROKER

Maria Fernandez
5 deals
BROKER

Details

LEASED
IMAGE: 06/04/2020 ADDRESS: 538 W 181st St, New York, NY, 10033 MARKET: New York ASSET TYPE: Retail TENANT'S REP: Maria Fernandez(Avison Young) LANDLORD'S REP: Ryan Chong() TENANT: 312 Food Corp. LANDLORD: Won Merchandise Corporation SQUARE FEET: 7500

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Deal Type
Effective Rent (Annual)

$429,895.47

Total Lease Value

$4,298,954.74

Net Landlord Cash Flow$429,895.47