Albert Malekan Leases Retail Space To Exact Customer In Midtown Manhattan
LEASED
$60
New York
See Similar DealsRetail5,700 SF
Leased 05/01/2024
LEASED
Albert Malekan Leases Retail Space To Exact Customer In Midtown Manhattan
552 7th Avenue
See Similar DealsRetail5,700 SF
Leased 05/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:5,700 SF
Transaction Type:Lease
The retail property located at 552 7th Avenue in Midtown Manhattan was involved in a lease transaction. The property spans 5,700 square feet and had an asking rent of $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 552 7th Avenue
- Market: Midtown Manhattan
- Landlord: Albert Malekan
- Tenant: Exact Customer
- Brokers: Amanda Malekhedayat & Jeff Geoghegan - KSR
- Lease Type: Retail Lease
The lease deal was facilitated by Amanda Malekhedayat and Jeff Geoghegan from KSR. The landlord of the property was Albert Malekan, and the tenant was identified as Exact Customer.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$392,064.67
Total Lease Value
$3,920,646.72
Net Landlord Cash Flow$392,064.67
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