Meridian Retail Leasing Acquires Retail Space In Bryant Park, NY
LEASED
New York
See Similar DealsRetail3,700 SF
Leased 10/29/2021
LEASED
Meridian Retail Leasing Acquires Retail Space In Bryant Park, NY
Y7 Studio Bryant Park, 54 West 39th Street, New York, NY, USA
See Similar DealsRetail3,700 SF
Leased 10/29/2021
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:3,700 SF
Transaction Type:Lease
The retail property located at 54 West 39th Street in Bryant Park has been leased. The transaction was finalized on October 29, 2021. The property spans a total of 3,700 square feet and is situated in a prime location near Bryant Park.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: October 29, 2021
- Address: 54 West 39th Street
- Market: Bryant Park
- Tenant's Rep: Yoni Hadar - Meridian Retail Leasing
- Landlord's Rep: James Famularo - Meridian Retail Leasing
- Asking Rent: $97/ft.
The leasing deal was facilitated by Yoni Hadar from Meridian Retail Leasing, acting as the tenant's representative, and James Famularo, also from Meridian Retail Leasing, representing the landlord. The leasing agreement was reached at an asking rent of $97 per square foot.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$212,081.77
Total Lease Value
$2,120,817.67
Net Landlord Cash Flow$212,081.77
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