AP Gallery Leases Retail Space At 555 West 25th Street In Chelsea, Manhattan

The retail property located at 555 West 25th Street in the vibrant Chelsea neighborhood of Manhattan has been leased. The property, consisting of 4,700 square feet, was leased by AP Gallery. The lease was facilitated by Michael Segerman of Current Real Estate Advisors on behalf of the tenant. The landlord of the property is the Mactaggart Family.

Summary of transation details

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 555 West 25th Street
• Market: Chelsea, Manhattan
• Tenant: AP Gallery
• Broker: Michael Segerman - Current Real Estate Advisors
• Asking Rent: $95/ft
• Square Footage: 4,700

This successful lease transaction highlights the demand for retail spaces in the Chelsea market. AP Gallery will now have a prime location to showcase their artworks and engage with their clientele. The Mactaggart Family, as the landlord, has secured a reputable tenant that will contribute to the vibrancy of the neighborhood. Michael Segerman acted as the broker for AP Gallery, ensuring a smooth and favorable negotiation process.