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Nassimi Leases Retail Space At 550 7th Ave, New York From Adler Group

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LEASED

New York

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Retail12,005 SF
Leased 09/20/2021
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Property Image
LEASED

Nassimi Leases Retail Space At 550 7th Ave, New York From Adler Group

550 7th Ave, New York, NY, 10018

See Similar Deals
Retail12,005 SF
Leased 09/20/2021
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:12,005 SF
Transaction Type:Lease

The retail property located at 550 7th Ave, New York, NY, 10018, boasts a generous square footage of 12,005. This property in New York was involved in a lease transaction dated September 20, 2021. The deal was facilitated between the landlord, Adler Group, and the tenant, Nassimi. The landlord was represented by Samuel (Sam) Hartstein of Gemstone Realty Group.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Address: 550 7th Ave, New York, NY, 10018
  • Market: New York
  • Landlord's Rep: Samuel (Sam) Hartstein (Gemstone Realty Group)
  • Tenant: Nassimi

The lease transaction at 550 7th Ave in New York involved the landlord's representative, Samuel (Sam) Hartstein from Gemstone Realty Group, negotiating on behalf of the landlord, Adler Group, with the tenant, Nassimi. The property, with its expansive square footage, served as the space for the lease agreement between the two parties. The bustling market of New York witnessed this deal, highlighting the thriving real estate activity in the area.

Players

Samuel (Sam) Hartstein
15 deals$5.5M volume(718) 704-1458
BROKER

LANDLORD

Details

LEASED
IMAGE: 09/20/2021 ADDRESS: 550 7th Ave, New York, NY, 10018 MARKET: New York ASSET TYPE: Retail LANDLORD'S REP: Samuel (Sam) Hartstein(Gemstone Realty Group) TENANT: Nassimi LANDLORD: Adler Group SQUARE FEET: 12005

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Deal Type
Effective Rent (Annual)

$688,119.36

Total Lease Value

$6,881,193.56

Net Landlord Cash Flow$688,119.36