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Wild & Reckless Wrestling Gym Leases Retail Space In Midtown South

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LEASED
James Famularo

New York

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Retail3,500 SF
Leased 07/01/2021
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Property Image
LEASED

Wild & Reckless Wrestling Gym Leases Retail Space In Midtown South

54 West 39th Street, Manhattan, New York, NY, USA

See Similar Deals
Retail3,500 SF
Leased 07/01/2021
James Famularo
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:3,500 SF
Transaction Type:Lease

The retail property located at 54 West 39th Street in Midtown South has been leased. The lease transaction was completed on July 1, 2021, for the entire 2nd floor of the building. The property, spanning 3,500 square feet, is situated in a prime market for retail businesses.

Summary of transation details

  • Property Type: Retail
  • Date: 07/01/2021
  • Address: 54 West 39th Street (Entire 2nd floor)
  • Market: Midtown South

The tenant for this leased space is Wild & Reckless Wrestling Gym. The landlord of the property is Slavik Gofman. Keion Smith from Habendum Real Estate represented Wild & Reckless Wrestling Gym as their tenant's representative. On the other hand, Greg Goldberg and James Famularo from Meridian Retail Leasing served as the landlord's representatives in this leasing agreement.

The lease was negotiated at an asking rent of $48 per square foot, resulting in a total lease amount of approximately $168,000 per year.

Players

Greg Goldberg
72 deals$4.3M volume(646) 780-4904
BROKER

James Famularo
Meridian Capital Group
357 deals$11.4M volume(212) 468-5960
BROKER

Details

LEASED
IMAGE: Greg Goldberg & James Famularo DATE: 07/01/2021 ADDRESS: 54 West 39th Street (Entire 2nd floor) MARKET: Midtown South ASSET TYPE: Retail TENANT: Wild & Reckless Wrestling Gym 🤼‍♀️ LANDLORD: Slavik Gofman TENANT'S REP: Keion Smith - Habendum Real Estate LANDLORD'S REP: Greg Goldberg & James Famularo - Meridian Retail Leasing ASKING RENT: $48/ft. ~ SF: 3,500

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Deal Type
Effective Rent (Annual)

$200,617.89

Total Lease Value

$2,006,178.88

Net Landlord Cash Flow$200,617.89